Chinese Vice Minister of Commerce Guo Tingting on Monday stated that China will continue its efforts to attract more foreign investors and provide them better business environment at the ongoing China Development Forum in Beijing.

Guo said that China has been steadily expanding its institutional opening up, actively promoting its accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and Digital Economy Partnership Agreement (DEPA), and actively aligning policies with international high-standard economic and trade rules.

Last June, 33 such measures were piloted in five pilot free trade zones (FTZs) including the one in Shanghai and the Hainan Free Trade Port, and another 80 rule-matching measures were further launched in the Shanghai Pilot Free Trade Zone last November, according to Guo.

"We are currently tracking and evaluating the progress of these endeavors, and copy and promote the mature innovation experience. We will thoroughly implement the strategy of upgrading the pilot FTZs, build the pilot FTZs according to high standards, and give full play to the role of the comprehensive test platform for reform and opening up," Guo said.

In addition, China has been promoting the construction of a market-oriented, law-based and international first-class business environment, Guo stated, citing the example of the "24 measures for foreign-invested enterprises" issued last year, in which China launched 59 specific policies and measures in six major aspects on issues like cross-border flow of data, government procurement, and facilitating work and life of foreign personnel in China.

"We have conducted a phased evaluation, and more than 60 percent of the measures have been implemented or have made positive progress, receiving positive feedback from foreign-funded enterprises," Guo said.

China has also established and improved its round-table system for foreign-invested enterprises, and 17 meetings have been held so far, helping solve more than 600 corporate complaints.

"Next, we will continue to build the 'Invest in China' brand, focus on implementing various policies and measures that have been introduced, continuously optimize and improve services, comprehensively guarantee the national treatment for foreign-funded companies, so that more foreign-funded companies can invest in China and take root in China's development without concerns," Guo said.

The two-day Forum opened on Sunday with the theme "The Continuous Development of China." Chinese government officials, representatives from international organizations and the world's Fortune 500 firms, and renowned academics from around the globe have conducted in-depth discussions on China's economic development and potential.

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