Caixin Commentary: China Needs to Implement Initiatives to Boost the Confidence of Foreign Investors

A level-playing field, easier access and greater openness will draw foreign investors and businesses back to China despite global uncertainties

China seeks to refine the system that administers the negative list, remove foreign capital restrictions in manufacturing completely and further open sectors such as telecommunications and healthcare

China is extending its welcome to foreign investors. With the recently released action plan to attract foreign investment, the State Council outlined 24 initiatives to expand market access for foreign investors and ensure fair treatment for private and foreign businesses. This plan’s rollout is well-timed.

The action plan aims to create a top-tier, market-driven and legally compliant environment for international business to better attract foreign capital. China intends to capitalize on its vast consumer potential and industrial base by bolstering foreign investor confidence. To do that it needs to offer a level playing field offering equal treatment to all. China is committed to nurture a business climate that upholds these principles.