People visit an exhibition themed "Ten Years of the New Era" during the fifth China International Import Expo (CIIE) at the National Exhibition and Convention Center (Shanghai) in east China's Shanghai, Nov. 6, 2022. The exhibition showcases remarkable achievements China has made in opening-up in the new era. (Xinhua/Zhang Jiansong)
BEIJING, June 7 (Xinhua) -- China's Ministry of Commerce (MOC) will continuously expand market access including appropriately cutting the negative list for foreign investment to boost high-level opening up, reported Xinhua Finance citing an official with MOC on June 5.
Zhou Qiang, director of the MOC's market system development department, made the remarks on a Monday-held news briefing, saying that construction of China's unified market will be actively propelled together with further attraction and utilization of foreign investment in the future.
Zhou outlined work of key importance on four aspects to foster the high-level opening up and to expand market access.
By exploiting the fore-running and experimenting role of opening up platforms such as free trade zones, Hainan free trade port, demonstration pilots for expanded services industry opening up and state-level economic and technological development zones, reform in related areas and institutional opening up will be steadily pressed ahead by taking reference from comparable high-standard international economic and trade rules.
Zhou also stressed greater efforts on investment promotion work, well servicing the foreign-funded enterprises and cultivating the top-class business environment for foreign investment in China.
Taking advantage of China's super large market, MOC will work to retain the existing foreign investment of excellent quality and attract more high-quality foreign investment to improve the quality and level of Sino-foreign trade and investment cooperation. (Edited by Duan Jing with Xinhua Silk Road, duanjing@xinhua.org)
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