Liquor Chang Orders "Take New Measures to Stabilize Foreign Investment"
[Asia Economy Beijing=Special Correspondent Park Sun-mi] As the Chinese government actively works to overcome the economic shock caused by COVID-19, Premier Li Keqiang has instructed the formulation of new measures to stabilize foreign investment attraction.
According to the state-run Xinhua News Agency on the 29th, Premier Li held a symposium on stabilizing foreign trade in Beijing the previous day, attended by officials from the Ministry of Commerce and the General Administration of Customs, urging continuous efforts from various departments to stabilize foreign investment and trade.
Premier Li emphasized, "Stabilizing foreign trade and foreign investment is very important for China's economy and employment stability." He also stated, "China's economy is deeply connected with the global economy," adding, "Due to the global spread of COVID-19 and the resulting global economic downturn, China's foreign trade environment remains serious and complex."
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Furthermore, he instructed, "New measures must be devised to maintain foreign investment stability," and "Optimal preferential policies should be established to attract more foreign investors, and efforts should be made to maintain the stability of industrial supply chains."
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