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E.U. Chamber of Commerce welcomes China's new foreign investment policy

05-14-2010 09:28 BJT

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The European Union Chamber of Commerce has welcomed China's new foreign investment regulations. It says the policies will help to attract overseas businesses and direct them into the right industries.

China has unveiled a series of policies, aimed at strengthening foreign investment.

The newly-elected president of the European Union Chamber of Commerce in China says, they'll help China to attract more overseas businesses.

Foreign investment has been dwindling, since a number of high profile disputes with overseas companies.

There were reports that policy was becoming increasingly restrictive on foreign companies. But Mr. Boisséson has a different view.

Mr. Boisséson says conditions for foreign companies in China are in fact, improving.

According to figures released by the Ministry of Commerce, foreign investment has remained stable in recent years.

Editor:Zhang Jingya |Source: CCTV.com

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