China to provide favorable long-term prospects for foreign businesses: commerce ministry
Wire desk byline Sourced from Xinhua, Dawn, Arab News, Anadolu and Minute Mirror. Translated and abridged by the GSRRA Desk.
China will provide favorable expectations for the long-term development of foreign businesses in China during the 15th Five-Year Plan period (2026-2030), Commerce Ministry spokesperson He Yadong said at a press briefing on Thursday.
China will steadily move toward high-quality development, continue to expand high-standard opening up, firmly safeguard the multilateral trading system, and strengthen the development of equal and mutually beneficial economic and trade relations with other countries during the period, he said.
In 2025, the Republic of Korea’s manufacturing investment in China grew 14.1 percent year on year, Canada’s high-tech investment in China rose 11.7 percent, Finland’s manufacturing investment in China increased 21.7 percent, and Britain’s overall investment in China climbed 15.9 percent year on year, the spokesperson said.
Visits to China this year by leaders of the Republic of Korea, Canada, Finland, and Britain have deepened mutual understanding and trust and opened broader space for economic and trade cooperation, he said, adding that these engagements have boosted multinational companies’ confidence in investing and expanding operations in China.
Reference link:- https://english.news.cn/20260205/0c1798a6c5e74357a6906dc9c5d11365/c.html
Zamir Ahmed Awan is the founder and Chair of the Global Silk Route Research Alliance, a think tank in Islamabad. He studied engineering at Shanghai University in the 1980s, and years later he went back to China as Pakistan's science counsellor in Beijing, from 2010 until 2016, working on science and higher education cooperation between the two countries.…
