Free Trial

MNI BRIEF: China Will Resolve Foreign Firm Concerns - CCPIT


China will resolve the demands of foreign-funded enterprises following the State Council’s recent 24 point plan to attract more FDI, according to Sun Xiao, spokesperson of the China Council for the Promotion of International Trade.

Speaking at a press conference on Wednesday, Sun said the council will enhance foreign firms' ease of access to various business platforms to improve their enjoyment of tariff reduction and exemption policies. Officials will set up special working teams to assist foreign companies in resolving difficulties, and set up regular senior engagement forums.

Foreign business leaders in China recently told MNI that government measures to boost FDI may not be effective as overseas companies worry more about macroeconomic policy and national security scrutiny. (See: MNI: China FDI Outlook Down As Economy Weakens - Chambers - Bonds & Currency News | Market News)

MNI Beijing Bureau |
MNI Beijing Bureau |

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.