Favorable investment policies sought

Chinese business leaders look to acquire strong foreign brands, management skills

China's top business leaders hope the 19th National Congress of the Communist Party of China will put forward more policies to encourage overseas investment to meet demand from both Chinese and foreign companies.

Hua Guikan, assistant president of Sanpower Group, a Nanjing-based private company with total assets of 120 billion yuan ($17.8 billion), said Chinese companies' demand to invest overseas has surged along with their rapid development over the past five years.