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China promises further opportunities for overseas investment
(Xinhua)
Updated: 2009-09-09 10:31
The Chinese government has pledged to provide more opportunities for overseas investment to help refuel global trade, and also encourage Chinese enterprises to invest overseas, a senior Cabinet official said Tuesday. Ma Kai, state councilor and secretary general of the State Council, made the remarks at an investment fair in Xiamen, Fujian province on Tuesday. He said expansion of trade and cross-national investment is a key tool to tackle the global economic recession and will benefit the world economy in the long run.
China would continue the proactive fiscal policy and appropriately loose monetary policy to ensure economic growth, enhance adjustment of economic structure and improve people's livelihoods, he noted. (For more biz stories, please visit Industries)
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