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ASIAdocument.write(“” + m[today.getMonth()+1]+ ” “+ today.getDate()+”, ” + theYear + ” “);HOMECHINAWORLDBUSINESSLIFESTYLECULTURETRAVELSPORTSOPINIONREGIONALFORUMNEWSPAPERChina Daily PDFChina Daily E-paperChina Daily Global PDFChina Daily Global E-paperChina / GovernmentHot IssuesGovernmentSocietyInnovationEducationCover StoryPeoplePhotosNo change in foreign capital use, vows govt spokesmanBy Hu Haiyan (chinadaily.com.cn) Updated:2016-03-02 20:21Comments Print Mail Large Medium SmallWang Guoqing, spokesman for Chinas top political advisory body, has vowed that the government will not change policies for utilizing foreign capital, and China will continue to create a sound development environment for foreign companies and safeguard their benefits.According to the Ministry of Commerce, Chinas use of foreign capital saw a year-on-year rise of 5.6 percent. By the first 11 months of last year, the number of foreign companies that invested in China had increased by 11 percent year-on-year.”Capital goes after benefits. The statistics demonstrated that the saying that the environment for foreign companies has been deteriorating doesnt hold water,” Wang, spokesman for the fourth session of the 12th Chinese Peoples Political Consultative Conference National Committee, said on Wednesday.”Over the past two years, the National Committee has conducted research about foreign company development environment in China. From my personal experience and those researchers contacting foreign companies, the environment for the development of foreign companies in China has improved rather than deteriorated,” he said.”It is a fact that because production costs have risen, peoples lives and needs have changed, and market competition becomes more and more fierce, it gets harder for foreign companies to earn profits. Yet I want to emphasize that the Chinese government is strongly committed to providing a legal, international and convenient business environment for foreign companies. China, a huge market with 1.3 billion people, will still be a popular destination for foreign investment and foreign companies can still make profits here,” said Wang.According to the Business Environment in China 2015, issued by the American Chamber of Commerce in China, more than 60 percent of its members rank China in the top three destinations for international investment.In a business confidence report issued by the European Union Chamber of Commerce in China, 61 percent of European enterprises consider China an increasingly important part of its global strategy. The annual report of the Japanese Chamber of Commerce and Industry in China says its domestic sales-based enterprises and industries are predicted to continue doing well in the Chinese market.8.03KRelated StoriesForeign companies bet on Chinas consumersOpportunities for foreign companies in China will grow, says vice-premierChinese sign mega-deals with foreign companies at China-Russia ExpoChina offers massive opportunities for foreign companies: AmChamWND foreign companies focus on young talent trainingPhotoNight views of Harbin through the lensTibetans take train home after pilgrimage or travellingWorlds largest shaftless Ferris wheel built in ChinaAncient cities to be connected by Xian-Chengdu high-speed railwaySnow turns Harbin into winter wonderlandReed Catkin Festival held in WuhanSocietyPoliticsHot TopicsScience/TechBusinessCover StoryFTZ simplifies process to launch businessesJapan can offer experience, expat saysApplication for work streamlinedAwareness of law aids resolutionAir Force units explore new airspaceLow wages and lack of respect responsible for kindergarten abuse, experts sayLiu heralds UK partnership in education and researchAgency ensuring natural gas supplyUN envoys trip to DPRK praised by BeijingChina moves to secure natural gas supply amid rising winter demandXi asks China, Canada to work for substantial tiesCooperation necessary for success, leaders sayLiving in space: How astronauts train, eat and workTeachers excused for lunchtime drinksWaiting for Shenzhou XICancer agent found in 44 cities drinking waterAt Ikea eatery, its no pay, no stayChina lose 2-0 to Uzbekistan in World Cup qualifier, coach Gao resignsC919 gains another 55 orders, lifting total orders to 785Services offset dip in manufacturingFintech to energize real economy, cut risksChinas Long March rockets complete 60 commercial launchesEngineers achieve breakthroughChina-made components add securityOnline shopping rings up customer complaintsImport expo to focus on advanced techSME mobile market platform receives first clientsChina top importer of US soybeansAir China opens direct route from Beijing to BarcelonaInsurance-based trust launchedDandelion helping to sow the seeds of stability for membersCover storyVisa change may boost tourism to USThe wrong side of the roadBuilding ban begins to biteVillagers call on Japan to atone for massacreMost ViewedTodays Top NewsVeteran journalist named new spokesman of Chinas top meeting of political advisorsElder care seen as a key concern in a graying nationBeijing center helps woo foreign talentChinas lunar probe sets record for longest stayShanghai teachers win high marksXi to meet Obama soon, premier saysNew legislation outlaws domestic abuseLife sentence upheld for former Bo Xilai aideHopes voiced for next five yearsEfforts urged to improve money laundering lawTwo young Chinese men recently took on a seven-day challenge to survive in the wild without any food, water or supplies, reported Chongqing Morning Post on Wednesday. They also broadcast the whole process online.HighlightsSome Tibetan plants can predict Indian monsoonMarriage too costly for some rural bachelors in ChinaStolen guide dog turns up bearing note of apologyChina-led gravitational wave venture seeks global talentHot TopicsTransformers stars hospital experience triggers healthcare debate Full text: Beijing Declaration of the BRICS Media Summit Chinas two-child policy puts pressure on sperm banks Ground level Rule of law Panda China youths Anti-terror drive Family planning SmogSpecialMy Chengdu storyChina Legal Information Center…| About China Daily | Advertise on Site | Contact Us | Job Offer | Expat Employment |Copyright 1995 -var oTime = new Date();
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