Ning Jizhe said a new law aimed at levelling the playing field for foreign firms operating in China received a warm response from the US. Photo: EPA-EFE
China passes new law to help foreign firms after positive feedback from US in trade talks
- The law, which will come into effect on January 1 next year, aims to create a ‘stable, fair, transparent and predictable’ business environment
- A draft of the regulation was provided to US trade negotiators during talks in Washington earlier this month and received a warm response
Topic |
US-China trade war
Ning Jizhe said a new law aimed at levelling the playing field for foreign firms operating in China received a warm response from the US. Photo: EPA-EFE
China's Vice-Premier Liu He met US President Donald Trump during the latest trade war negotiations between Beijing and Washington. Photo: Reuters
China renews pledge to open markets, level playing field for foreign firms after US trade war deal progress
- State Council meeting, chaired by Premier Li Keqiang, credits ‘unique and important role’ foreign firms play in Chinese economic development
- China has increased its efforts in recent months to boost foreign investment amid the slowing economy caused largely by the trade war with the United States
Topic |
China economy
China's Vice-Premier Liu He met US President Donald Trump during the latest trade war negotiations between Beijing and Washington. Photo: Reuters