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Nation to take accurate review on foreign input By ZHONG NAN | CHINA DAILY | Updated: 2021-07-16 09:34 Share CLOSE Visitors check out an industrial robot developed by Swiss conglomerate ABB Group at an expo in Shanghai. [Photo/China Daily]
Stance on welcoming outside investors will remain unchanged, official said
China will accurately review foreign investment that affects, or may affect, national security, while avoiding overly broad actions in order to better ensure and protect the legitimate rights and interests of foreign investment, said the Ministry of Commerce on Thursday.
The government will, in accordance with the principles of necessity and reason, implement these policy measures to effectively prevent and resolve national security risks, said Gao Feng, the ministry s spokesman.
By ZHANG YUNBI | CHINA DAILY | Updated: 2021-07-13 07:13 Share CLOSE
Safeguarding core interests underlined as shared mission for the two countries
Leaders, officials and scholars have hailed the mature, unique partnership between Beijing and Moscow that outperforms traditional alliances, helps each other ensure strategic security at their doorsteps and provides support for multilateralism and peace across the globe.
They made the observation as the two countries recently held a series of events to celebrate the upcoming 20th anniversary on Friday of the signing of the landmark China-Russia Treaty of Good-Neighborliness and Friendly Cooperation.
Beijing and Moscow extended the treaty last month, with President Xi Jinping and Russian President Vladimir Putin issuing a joint statement officially announcing the extension.
China will further relax market access for foreign capital, expand opening-up
China s foreign trade is expected to reach $5.1 trillion in 2025, and the country will increase its exports and imports with Asian, African and Latin American economies during its 14th Five-Year Plan period (2021-25), according to a plan released by the Ministry of Commerce on Friday.
That plan, regarding China s commercial development during the 14th Five-Year Plan period, said the nation will expand the proportion of new forms of foreign trade, such as cross-border e-commerce, from 7 percent in 2020 to 10 percent in 2025 in order to foster new competitive strength.
New business forms and models, particularly cross-border e-commerce, have become a vibrant force driving China s foreign trade. They also represent a substantial trend in the growth of global trade, said Chen Chunjiang, director-general of the ministry s Department of Trade in Services and Commercial Services.
General Secretary of the Communist Party of China Central Committee Xi Jinping s speech at the ceremony marking the centenary of the CPC on Thursday has drawn recognition and support from domestic and foreign business leaders, who viewed it as an encouraging message that China s development will create new opportunities for the world and the country will continue to be a major force in driving global growth.
The emphasis on China pursuing peaceful development, as well as its resolve to promote high-quality growth and to further deepen reform and opening-up has further boosted confidence in the world s second-largest economy as the country s top leadership pledged to make more notable and substantive progress toward building a strong and modern socialist country in all respects, experts and business leaders said.