Business
The National Committee of the Chinese People's Political Consultative Conference (CPPCC), China's top advisory body, hosted a meeting with representatives of international businesses in Beijing on Friday to build a broader consensus.
Political advisors said China appreciates multinational corporations' long-standing contributions to its economy.
"The 14th CPPCC National Committee has thoroughly studied and implemented Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, earnestly implemented decisions and plans of the 20th National Congress of the CPC. We will focus on our central tasks, serve the overall develoment strategy, and actively engage in consultation and deliberation of state affairs," said Wang Dongfeng, vice chairman and secretary-general of the CPPCC National Committee.
The international business representatives said they remained upbeat about the future potential of the Chinese market.
"I think it was a great platform today to meet important stakeholder groups in China and to discuss some of the issues that are of concern related, in particular, from our vantage point, the conditions for foreign businesses to continue to develop and invest here in China," said Jens Eskelund, president of European Union Chamber of Commerce in China.
"I think also by just listening to many of the speech from the MNCs (multinational corporations) and foreign chambers, I think they continue to have confidence in the market. The market is challenging and tough, just like all markets around the globe. But the market in China is for the world and it's open for business. From the unlimited possibilities with the consumer market, and a very complete industrial supply side and our labor force is very strong and very productive. And our research and development continue to fill that market. So I think people, relatively speaking, are having that confidence into the future in our markets," said Jiang Ying, chair of Deloitte China and also a member of 14th CPPCC National Committee.