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Premier says China welcomes foreign enterprises to invest and do business

By CAO DESHENG in Davos, Switzerland | | Updated: 2024-01-17 16:25
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Premier Li Qiang attends a luncheon hosted by founder and executive chairman of the World Economic Forum Klaus Schwab in Davos, Switzerland, Jan 16, 2024. [Photo/Xinhua]

Premier Li Qiang said on Tuesday that investing in China will bring huge returns and a better future, and China welcomes foreign enterprises to invest and do business in the country.

Li made the remarks in Davos, Switzerland while attending a luncheon hosted by Klaus Schwab, founder and executive chairman of the World Economic Forum, and exchanging views with heads of several multinational companies.

He said that multinational companies have been participants, witnesses, and beneficiaries of China's reform and opening up. He assured the business executives that the long-term positive development of China's economy will not change, and China will provide more development opportunities for enterprises of all countries.

Li pointed out that fragmented battles will only make it more difficult for the world economy to recover, emphasizing that China opposes all forms of camp division and confrontation, and will open its door wider to the outside world.

He said that China stands ready to seriously study and solve the difficulties and problems encountered by foreign-funded enterprises operating in China, ensures national treatment for foreign-funded enterprises, and creates a stable, fair, and predictable business environment.

Leaders of 14 multinational companies, including Walmart, JPMorgan Chase, Intel, BASF, Volkswagen, and Siemens, attended the luncheon.

They said that over the years, their investments in the Chinese market have achieved tremendous success, and they are confident of China's economic development and are willing to deepen cooperation with China, develop in China, and contribute to China's development.

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