China to provide more opportunities for foreign companies

China said on Tuesday it was committed to providing more investment opportunities for foreign companies.

Beijing also said it would create a more favourable, ordered investment environment and a level playing field for foreign investments, Xinhua news agency said.

After nearly 40 years of reform and opening-up, China had become a main engine of growth for the world economy and that cooperation between China and the EU had been fruitful, Chinese Foreign Ministry spokesperson Lu Kang said.

"China always upholds trade and investment facilitation, and opposes all kinds of protectionism," Lu said.

He hoped that the EU would view China's opening-up with a historical and long-term perspective.

 

Lu said that China was the second most popular investment destination in the world, citing a world investment report released by the United Nations last year.

The investment in China from 28 countries in the EU achieved a year-on-year growth of 41.3 per cent in 2016, according to Ministry of Commerce statistics.

--IANS

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