Vice Premier pledges to further improve investment environment

Vice Premier Wang Yang said that China will further expand market access, improve foreign investment policies and protect the legitimate rights of foreign investors.

Multinationals have made great contributions to China's economic development and improving people's lives, Wang said Thursday at a meeting with representatives from foreign companies.

Opening up has benefited social and economic development in China, so this will continue, Wang said.

China remains an ideal investment destination due to its plentiful human resources and solid infrastructure, he said, while encouraging foreign investors to adapt to the current economic climate, known as the "new normal."

He also promised to continue to create a fairer and more stable and transparent investment environment.

Representatives from foreign companies, including Coca Cola, Toyota, Dell and IBM, said they remained upbeat about China's economy and will increase investment in the country, and hope that China will further expand market access, improve the business environment and create more favorable conditions for them. Endi