Off the wire
• 1st Ld-Writethru: Chinese leaders seek better work safety mechanism  • China donates Myanmar with Hepatitis B vaccines  • Shanghai Disneyland to unveil exclusive seasonal passes  • China to legislate on streamlined administrative approvals  • Sony cuts full-year profit outlook due to losses from sale of battery unit  • 2nd LD-Writethru: S. African prosecutor drops charges against finance minister  • 2nd LD: Aoun sworn in as Lebanese president, ending 2.5-year vacancy  • 1st LD: Aoun elected Lebanese president, ending 2.5-year vacancy  • Urgent: Lebanese parliament elects president, ending 2.5-year vacancy  • Madrid City Hall introduces parking restrictions due to high pollution levels  
You are here: 　 Home

China's policy to attract foreign investment remains unchanged: FM

Xinhua, October 31, 2016 Adjust font size:

China's policy to welcome and attract foreign investment remains unchanged, a spokesperson said Monday, responding to concerns that foreign direct investment (FDI) by European companies is becoming more difficult China.

In a guest column for the Welt am Sonntag newspaper, German Vice-Chancellor Sigmar Gabriel claimed China's investments and acquisitions in Germany were intended to acquire strategically important key technologies, while foreign direct investment (FDI) by European companies in China was being hampered.

"We have noticed relevant reports from German media," Hua said, stressing that China and Europe are in different phases of economic development and use different management models.

Noting that the Chinese government had been consistently committed to opening up, Hua said the country's policy to welcome and attract foreign investment had not changed.

"China is willing to cultivate a fair and transparent investment environment for investors both at home and abroad, including those from Germany, " Hua said.

She added the Chinese enterprises were encouraged to invest overseas in line with market principles, local laws and international norms for mutual benefit. Endi