Thirdly, more steps will be taken to improve the business environment, Xi said.
In the new legal framework for foreign investment that is to take effect on Jan. 1 next year, China will introduce a punitive compensation mechanism for intellectual property (IP) infringement cases and make the relevant civil and criminal laws more stringent to deliver better IP protection, Xi said.
Fourthly, equal treatment will be extended to all foreign investment, Xi said.
China will lift all foreign investment restrictions beyond the negative list, and provide equal treatment for all types of businesses registered in China in the post-establishment phase, Xi said.
A complaint mechanism will be set up for foreign companies to air their grievances, he said.
Fifthly, greater efforts will be made to advance trade talks, Xi said.
China will push for an early conclusion of the Regional Comprehensive Economic Partnership (RCEP) and accelerate the negotiations on a China-European Union investment agreement and the China-Japan-South Korea Free Trade Agreement, Xi said.
Stressing that China has full confidence in following its path and running its own affairs well, the Chinese president said China will work in the spirit of peaceful co-existence and win-win cooperation with all other countries to build a community with a shared future for mankind and to tirelessly pursue a brighter future of the global economy.
【国内英语资讯:Xi calls on G20 to join hands in forging high-quality global economy】相关文章:
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