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China vows to work harder to help foreign investors, create better environment

Chinese President Hu Jintao said Monday that China would work still harder to help foreign investors and create an even better environment for trade and economic cooperation between China and the rest of the world.

Hu made the remark in an address delivered at the opening ceremony of the 2005 Fortune Global Forum held in this Chinese national capital of Beijing.

"China will also keep opening up its market, find new ways of using foreign capital, improve on legislations and regulations for encouraging and protecting foreign investors, revamp foreign economic management, step up protection of intellectual property rights," said the Chinese President.

"All of you are important corporate leaders participating and promoting international economic activities. Many of you and the companies you represent have been vigorously involved for years in pushing economic and technological cooperation with China and made significant contribution to China's sustained economic growth and technological upgrading in certain industries," said Hu.

"Facts have proved that such cooperation serves our mutual interests. We look forward to continued expansion of your investment in China and your still closer economic and technological cooperation with Chinese enterprises," he said.

"I believe that you will give greater scope to the advantages of your companies and your rich managerial expertise and play a critical role in facilitating international economic and technological cooperation and promoting economic development in regions and globally," the president said.


Source: Xinhuanet