China has reaffirmed its commitment to attracting and stabilizing foreign investment, with the National Development and Reform Commission (NDRC) outlining a series of policies aimed at promoting sustainable economic growth.
On Tuesday, the NDRC, the country’s top economic planner, announced that China will continue to advance market opening-up and improve the business environment. Measures include optimizing the legal and regulatory system to create a market-oriented, law-based, and internationalized environment that fosters investor confidence.
“We are systematically pushing out policies to promote, optimize, and sustain economic growth solidly,” said Zheng Shanjie, head of the NDRC, at a press conference.
In efforts to stabilize the property market, China plans to adopt comprehensive measures addressing both demand and supply sides. “We will adjust purchasing eligibility requirements and expand the ‘white list’ financing mechanism for real estate projects,” Zheng added.
These initiatives reflect China’s proactive approach to economic challenges, signaling opportunities for entrepreneurs, investors, and businesses worldwide looking to engage with the dynamic Asian market.
Reference(s):
cgtn.com
