The Chinese mainland is opening its doors wider to international investors in the technology sector, emphasizing a collaborative and fair investment environment. Pan Gongsheng, governor of the People’s Bank of China, announced at a press conference on Thursday that foreign participation in Chinese tech companies is highly encouraged.
Gongsheng highlighted China’s commitment to creating a level playing field, opposing the instrumentalization and politicization of market-based investment activities. He stressed the importance of eliminating unfair investment barriers that hinder genuine business growth and innovation.
This move aligns with China’s broader strategy to foster technological advancement and economic resilience by integrating global expertise and capital. By welcoming diverse investment, the Chinese mainland aims to enhance its tech landscape, driving forward sustainable and inclusive growth.
Foreign investors can look forward to a more transparent and supportive regulatory framework, designed to facilitate seamless collaboration with Chinese tech enterprises. This initiative not only boosts confidence among international stakeholders but also underscores China’s role as a major player in the global technology arena.
Reference(s):
China welcomes foreign investment in tech, opposes unfair barriers
cgtn.com
