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Premier: China to create better investment climate

09-14-2010 08:46 BJT Special Report:2010 Summer Davos |

The fourth Summer Davos session has officially opened in north China's port city of Tianjin. Chinese Premier Wen Jiabao said during the opening ceremony, that the country is committed to creating an open and fair environment for foreign invested enterprises.

Premier Wen Jiabao made the remarks at the opening ceremony of the World Economic Forum Annual Meeting of the New Champions, or Summer Davos, in Tianjin.

Wen Jiabao emphasized that China's opening-up is long-term, comprehensive and mutually beneficial.

Wen Jiabao, Chinese Premier said "China has spared no efforts in creating an open and fair environment for foreign invested enterprises. China gives high priority to intellectual property protection and has already made this a national strategy. We are ready to conduct exchanges and dialogue with other countries in this field."

Wen Jiabao also said that China's huge market volume, sound infrastructure, strong industrial support ability and stable and fair market environment are attracting more and more multinational enterprises, to invest and establish businesses in China.

Wen Jiabao said in the first seven months this year, foreign investment in China increased by 20.7 percent over the same period last year.

The three-day meeting, under the World Economic Forum, has attracted some 1,500 high-profile officials, scholars and business leaders from nearly 90 countries and regions.

Editor:Xiong Qu |Source: CNTV.CN

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