Confidence booster for foreign investors in China

No one questions the vital role the 950,000 foreign-funded enterprises registered in China have played in driving the country's miraculous economic and social development over the past four decades.

In Shanghai alone, such companies, whose number accounts for only 2 percent of the city's total, contribute about 27 percent of the economic powerhouse's GDP; and nationally, foreign-funded companies account for 10 percent of China's employment, 20 percent of its tax income and nearly half of its foreign trade.

Thus it is not surprising that the Chinese government has always sought to protect and promote foreign businesses in the country, by providing them with fair treatment and a level playing field.