China pledges additional actions to boost foreign investment
China has committed to implementing additional strategies to promote foreign investment in the country. This move reflects the government's ongoing efforts to create a more welcoming business environment for international investors, as they seek to attract capital and enhance economic growth.
TroibNews 
China reaffirmed its commitment on Tuesday to attracting and stabilizing foreign investment, detailing the systematic implementation of a series of policies aimed at promoting, optimizing, and sustaining robust economic growth.
The National Development and Reform Commission, the country's foremost economic planner, stated that alongside advancing market liberalization, China is dedicated to enhancing the business environment. This will be achieved through various measures, including the optimization of the legal and regulatory framework and the creation of a market-oriented, law-based, and internationalized business environment, all intended to attract foreign investments and boost investor confidence.
To address challenges in the property market, China plans to adopt a comprehensive set of measures targeting both demand and supply aspects. This includes revising purchasing eligibility criteria and expanding the "white list" financing mechanism for real estate projects, as outlined by Zheng Shanjie, head of the NDRC, during a press conference.
Regarding consumption, identified as a crucial element of economic growth, Zheng indicated that targeted policy measures will be implemented to promote income growth among low- and middle-income groups, thereby stimulating consumption and fostering a more dynamic consumer market.
Additionally, Zheng announced the continuation of issuing ultra-long-term special treasury bonds next year, which are intended to support long-term infrastructure and development projects while ensuring sustained economic stability.
Official statistics reveal that from January to July this year, major foreign-invested enterprises experienced a 9.9 percent increase in total profits. Concurrently, nearly 32,000 new foreign-invested enterprises were established, marking an 11.4 percent year-on-year rise and illustrating a persistent growth trend.
Navid Kalantari for TROIB News
The National Development and Reform Commission, the country's foremost economic planner, stated that alongside advancing market liberalization, China is dedicated to enhancing the business environment. This will be achieved through various measures, including the optimization of the legal and regulatory framework and the creation of a market-oriented, law-based, and internationalized business environment, all intended to attract foreign investments and boost investor confidence.
To address challenges in the property market, China plans to adopt a comprehensive set of measures targeting both demand and supply aspects. This includes revising purchasing eligibility criteria and expanding the "white list" financing mechanism for real estate projects, as outlined by Zheng Shanjie, head of the NDRC, during a press conference.
Regarding consumption, identified as a crucial element of economic growth, Zheng indicated that targeted policy measures will be implemented to promote income growth among low- and middle-income groups, thereby stimulating consumption and fostering a more dynamic consumer market.
Additionally, Zheng announced the continuation of issuing ultra-long-term special treasury bonds next year, which are intended to support long-term infrastructure and development projects while ensuring sustained economic stability.
Official statistics reveal that from January to July this year, major foreign-invested enterprises experienced a 9.9 percent increase in total profits. Concurrently, nearly 32,000 new foreign-invested enterprises were established, marking an 11.4 percent year-on-year rise and illustrating a persistent growth trend.
Navid Kalantari for TROIB News
