China urges teams to give more support for foreign-funded projects

86
1
China urges teams to give more support for foreign-funded projects

This undated photo shows the entrance to the Chinese Ministry of Commerce in Beijing. PHOTO VCG China is urging its working teams to give greater support for key foreign-funded projects in order to stabilize foreign investment across the country, said the Ministry of Commerce.

The ministry said in a video meeting held in Beijing last week that these teams are encouraged to promote the early construction of landmark foreign-funded projects in the manufacturing sector, while strengthening regular communication with foreign companies and improving their service level.

During the meeting, Guo Tingting, assistant minister of commerce, said working teams should intensify their efforts to reach more investment deals in the next step.

READ MORE: Nation rolls out policies to attract foreign investment.

These working teams have been set up by the government to improve the service guarantees for foreign-funded companies and key foreign-funded projects, giving full play to the role of foreign trade and foreign investment coordination mechanisms.

ALSO READ: Foreign companies are looking at opportunities in China with continued investment.