Home > Consulate-General Event
Chinese FM Spokesperson: China Will Continue to Deepen Opening-up and Improve Business Environment

2021-11-05 13:29

At a regular press conference of the Ministry of Foreign Affairs of the People's Republic of China on 3 November, spokesperson Wang Wenbin answered a question about the business environment in China.

Journalist: Joerg Wuttke, President of the European Union Chamber of Commerce in China, said the turnover and profits of member companies of the European Chamber hit new highs in 2020. EU companies are ready to make greater contributions to the high-quality development of China's economy. Do you have any comment?

Wang Wenbin: I noted relevant reports. In the face of continuous spreading of COVID-19 and global economic recession, China has made coordinated efforts to promote economic and social development while putting in place epidemic control, and continued to establish a new system for higher-level open economy, and focused on building a market-oriented business environment based on rule of law and up to international standard to provide strong guarantee for companies operating in China. The record highs in the turnover and profits of member companies of the European Union Chamber of Commerce in China are an epitome of the vitality of the Chinese economy and the positive effects of China's endeavor to deepen opening-up and improving business environment. The reports released by the chambers of commerce from the US, the EU and Japan indicate that nearly two thirds of American companies, 59 percent of EU companies and 36.6 percent of Japanese companies plan to expand their investment in China.

I want to stress that China and the EU are two major independent forces in the world and each other's comprehensive strategic partner. China-EU cooperation, complementary, mutually beneficial and win-win in nature, has brought tangible benefits to the two peoples. Last year, China became the EU's largest trading partner. In the first three quarters of this year, two-way trade reached $599.3 billion, up 30.4 percent year on year. China attaches high importance to developing China-EU relations. We will continue to improve business environment for foreign companies, including those from the EU. We also stand ready to work with the EU side to advance connectivity, seek greater strategic synergy, boost global economic recovery and contribute to addressing global challenges.

<Suggest to a friend>