China pledged on Monday to treat foreign companies the same way as domestic peers in a bid to attract more foreign investment, cooperation and expertise, as Asia's largest economy moves to upgrade and strengthen its industrial chains.
Geopolitical tension, most prominently with the United States on a range of issues including U.S. concern that U.S. chips and AI technology could be used to boost Chinese military capabilities, has also weighed on investor sentiment.China will continue to open up high-level areas of industry and finance and create more market opportunities, and will firmly safeguard a multilateral trading system with the WTO at its core, Guo said.
Over 100 overseas executives and investors have attended the annual China Development Forum since the weekend, including companies with deep supply chains in China such as
Source: News Formal (newsformal.com)