Chinese Premier Li Keqiang (right) welcoming Kazakhstan Prime Minister Karim Massimov during the latter's state visit. (Photo : Twitter)
Chinese Premier Li Keqiang believes his country is still one of the best places to invest in and vowed to create a fairer and more transparent market environment for foreign businesses.
Li made the remarks on Tuesday during a meeting with the delegates for the Fourth Global CEO Council/Round Table Summit, which is hosted by the Chinese People's Association for Friendship with Foreign Countries.
In his address, the premier said that there are still a lot of investment potential in the country in fields like telecommunications, health care, and sports, China Daily reported.
Li added that these areas are open to multinational companies wishing to penetrate the Chinese market.
The premier also said that the entry of foreign investors has greatly helped in uplifting the Chinese economy, not only providing more services to consumers and creating more employment opportunities, but also revitalizing traditional industries.
However, to better encourage foreign investors to come in and flourish, Li noted that there is a need to create a more business-conducive environment. He then vowed to push for a fairer and more transparent market that would benefit both domestic and foreign-owned companies, Xinhua reported. Li said he hopes such measures will foster cooperation between the two toward "win-win results."
The premier repeated the promise on Wednesday when he met with visiting Saudi Arabian Alwaleed Bin Talal Bin Abdulaziz Alsaud, who chairs the Kingdom Holding Company.
The Global CEO Council is composed of top-ranking officers from notable Fortune 500 companies including Daimler AG, Nike and Nokia.
