Third, China will keep improving its business environment. In the wake of COVID-19, China has adopted a range of pro-business relief policies that apply equally to all companies registered in China. Earlier this year, the Foreign Investment Law and its supporting rules and regulations came into effect, and the negative list on foreign investment was cut still shorter. China will continue to make its foreign-related legal framework more open and transparent, strengthen intellectual property protection, better protect the lawful rights and interests of foreign investors and provide them with more high-quality services to further improve the business environment.
Fourth, China will pursue deeper bilateral, multilateral and regional cooperation. China stands ready to conclude high-standard free trade agreements with more countries in the world. We will work for the early signing of the Regional Comprehensive Economic Partnership (RCEP) and speed up negotiations on a China-EU investment treaty and a China-Japan-ROK free trade agreement. We look forward to more exchanges and mutual learning with high-standard free trade zones in other parts of the world. China will take an active part in WTO reform and in cooperation at the United Nations, the G20, APEC, BRICS and other fora. China will work with partner countries to promote high-quality Belt and Road cooperation and build a community with a shared future for mankind.
Ladies and Gentlemen,Friends,
As we often say in China, “Those who do not make their way to the Great Wall are not true heroes.” Now, at a time of formidable challenges facing the world economy, it is imperative that we bolster confidence and courage to tide over this difficult period together. China will join hands with all other countries to create opportunities in opening up, tackle difficult problems through cooperation, and foster a brighter future for humanity.
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