Business environment will be optimized

We are committed to ensuring that the Made in China 2025 plan and other relevant policies are applied equally to all enterprises in China, both Chinese and foreign enterprises. We will establish a solid mechanism for managing foreign investments — characterized by pre-establishment national treatment with a negative list approach — reducing government imposed transaction costs, strengthening intellectual property rights protection, and enhancing regulation both during and after investment, with the aim of creating a stable, fair, transparent, law-based business environment for global investors.

It has been widely acknowledged throughout history that openness brings progress and isolation only leads to backwardness. Given the complex and ever-changing international environment, no country on its own can address the many challenges, nor can any country afford to retreat into self-isolation. We will adhere to the principle of open cooperation and market-based orientation, integrate into the global supply chain at a deeper and broader level, and actively fulfill our due social responsibilities in the process of opening-up and cooperation.

And we will work together with other countries to share responsibilities, overcome difficulties, and make economic globalization more open, inclusive, balanced and beneficial with a view to building a community of shared future for humankind.