China to intensify efforts to attract, utilize foreign investment
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E-mail Xinhua, March 5, 2023
Photo taken on Dec. 21, 2021 shows a view of the new Tiexi Plant of BMW Brilliance Automotive (BBA) in Shenyang, northeast China's Liaoning province. [Photo/Xinhua]
China will intensify efforts to attract and utilize foreign investment, according to a government work report submitted Sunday to the national legislature for deliberation.
China will expand market access, continue to open up the modern services sector, ensure national treatment for foreign-funded companies, improve services for foreign-funded companies and facilitate the launch of landmark foreign-funded projects, said the report.
The country will take active steps to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and other high-standard economic and trade agreements, and steadily expand institutional opening up by proactively adopting relevant rules, regulations, management and standards, according to the report.
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