In a move to solidify its economic growth, China has announced a series of new measures aimed at attracting and stabilizing foreign investment. The National Development and Reform Commission (NDRC), China's premier economic planner, emphasized the nation's dedication to fostering a business-friendly environment that encourages global investors.
\"We are committed to advancing market openness and enhancing the legal and regulatory framework,\" stated Zheng Shanjie, head of the NDRC, during a recent press conference. These initiatives are designed to create a market-oriented, law-based, and internationalized business environment, thereby instilling confidence among foreign investors.
In addition to improving the investment climate, China is taking steps to stabilize its property market. Comprehensive measures will address both demand and supply side challenges. This includes adjusting purchasing eligibility requirements and expanding the \"white list\" financing mechanism for real estate projects. These strategies aim to balance the property sector, ensuring sustainable growth and mitigating market volatility.
With these proactive policies, China seeks to not only attract foreign capital but also maintain a stable and robust economic landscape, reinforcing its position as a key player in the global market.
Reference(s):
cgtn.com
