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)