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China pledges equal treatment to foreign companies

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Beijing, April 10 :

Chinese Premier Li Keqiang Thursday pledged to give equal treatment to foreign companies in China, and create an operation environment with fair competition, Xinhua reported.

Li Keqiang, Chinese Premier
Li Keqiang, Chinese Premier

“China is committed to comprehensive reform and further opening-up. China will give all foreign companies registered here equal treatment, no matter it is wholly foreign-owned or a joint venture,” said Li in a meeting with entrepreneurs from home and abroad, on the sidelines of the annual conference of the Boao Forum for Asia (BFA).

Noting the low per capita hold of resources and energies as the “biggest bottleneck” for China’s modernisation, he said China will promote the development of industries of clean energy, low-carbon and environmental protection, and welcomed foreign corporations to cooperate and share technologies with Chinese partners.

He hoped transnational corporations could grasp the opportunities brought by China’s reform and establish a long-term and stable cooperative relationship with the country, and realise win-win cooperation through each other’s development.

The premier also reaffirmed efforts to strengthen intellectual property protection.

(IANS)