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China to treat foreign and domestic firms equally

12-02-2010 09:06 BJT

The latest taxation is a somewhat controversial move and China's investment environment is now being scrutinized. But the government here maintains that foreign and domestic companies will be treated equally.

At the 2010 Summer Davos Forum, Premier Wen Jiabao assured all foreign-funded companies would be given equal treatment on issues such as IP rights. He also added that China is committed to creating an open, fair and sound environment for foreign investors. The cancellation of preferential tax policies aims to level the playing field for foreign and domestic players.

Analysts say that by adapting to the changing environment, foreign businesses should be able to achieve greater development.

Editor:Xiong Qu |Source: CNTV.CN

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