The Chinese mainland is extending an invitation to international investors to participate in its rapidly growing technology sector while condemning politically motivated trade restrictions, according to a key financial leader.
Pan Gongsheng, governor of the People’s Bank of China, emphasized the nation’s commitment to open markets during a Thursday press conference. "We welcome global partners to collaborate with Chinese tech enterprises," Pan stated, adding that "market-driven investments should not be weaponized or subjected to discriminatory practices."
The remarks come as China’s technology industry continues to expand, accounting for over 35% of the country’s GDP growth in 2024. Analysts suggest the stance signals Beijing’s determination to counter recent trade barriers imposed by some Western economies on semiconductor and AI-related ventures.
For global businesses, the announcement presents potential opportunities in electric vehicle manufacturing, renewable energy tech, and artificial intelligence – sectors where the Chinese mainland has committed $150 billion in state funding through 2025. However, experts advise investors to remain mindful of evolving data security regulations and cross-border compliance requirements.
