China Urges Overseas Economic Groups Including Korea, US, and Japan to "Improve Investment Environment for Foreign Enterprises"

China emphasized its policy to "provide a better investment environment" to foreign economic organizations within China, including those from South Korea, the United States, the European Union (EU), and Japan, in an effort to overcome its economic slowdown.

On the 21st, China's Ministry of Commerce announced that it held a "Policy Explanation and Communication Roundtable Meeting for Foreign-invested Enterprises Associations," which included the China-Korea Chamber of Commerce operated by the Korea Chamber of Commerce and Industry, as well as the China-America Chamber of Commerce, China-EU Chamber of Commerce, China-Japan Chamber of Commerce, and over 30 companies.

Chen Chunjang, Deputy Director-General (Vice Minister) of the Ministry of Commerce of China, stated at the meeting, "The Chinese government places greater importance on attracting foreign investment and will strive to create a fair, transparent, and predictable business environment."

He added, "The Ministry of Commerce will actively utilize the role of the foreign-invested enterprises roundtable system and work with relevant departments to expand policy promotion and explanation, providing high-quality services and an environment for foreign-invested enterprises operating in China."

Senior officials in China's economic sector have recently been calling representatives of private and foreign-invested enterprises to promote communication, promise policy support, and listen to their suggestions.

This is widely seen as a business-friendly gesture aimed at revitalizing investment and domestic demand amid unresolved economic difficulties and high youth unemployment rates.

This content was produced with the assistance of AI translation services.