Highlights of news conference of the Ministry of Commerce
Abuse of security review to hurt foreign investment
The Ministry of Commerce said on Saturday it noticed some countries have tightened the security review of foreign investment in recent years, which may obstruct the investment activities of Chinese companies in the overseas markets.
"We are closely watching this issue and seeing how it develops," Qian Keming, vice-minister of commerce, told at a press conference from the sidelines of the two sessions. "We are firmly against protectionism in any form, and do not want to see the abuse of security review as a way to obstruct the normal investment activities."
"We are willing to work with relevant countries, creating an open and transparent business environment and making the world economy an open one," Qian added.
- Satellite launch marks a new milestone in UAE-China cooperation
- HK fire: 4,510 residents in shelters as support fund reaches HK$3.6b
- Scholars, industry insiders call for a responsible, scientific, credible think tank research system
- Remains of former Chinese leader Wang Bingqian cremated
- Buddhist body urges followers not to release lifeless items into the natural environment
- Report: Average age of China's workforce nearing 40
