Making foreign investment transparent

Source: Xinhua | 2017-06-27

CHINA will establish a platform for publicizing foreign investors’ information to improve services, said the Ministry of Commerce in a statement yesterday.

The platform will publicize records of foreign investment, joint annual reports and credibility archives of foreign investors.

Government priorities will shift from foreign investment approval to regulation and supervision in a bid to create a better environment for foreign investors, said the statement.

The platform will increase the transparency and predictability of foreign investment management. The ministry encourages pilot free trade zones and state-level economic development zones to take the lead in establishing the platform, according to the statement.