国内英语资讯:China to issue guideline to improve business environment for foreign investors_时事

国内英语资讯:China to issue guideline to improve business environment for foreign investors

The country will also strengthen the standardization of the implementation of regulatory policies and make the formulation of regulatory documents more transparent, he said.

China will give full play to the role of judicial protection of intellectual property rights (IPR), improve the IPR protection mechanism, support both domestic and foreign enterprises in their fair participation in standardization, and ensure their equal participation in government procurement, Wang said.

FAIR GOVERNMENT PROCUREMENT SYSTEM

The guideline requires that all local governments and departments shall not discriminate against foreign-funded enterprises in aspects like the release of government procurement information, and shall not restrict the ownership form, organizational form, equity structure or investor country, as well as product or service brands of suppliers.

The Chinese government has been committed to establishing a level playing field in the government procurement system, said Wang Shaoshuang, an official with the Ministry of Finance (MOF).

If foreign-funded enterprises are not treated equally, they may raise complaints with the procurer, and if the procurer fails to give a reply within the time limit, or if the supplier is dissatisfied with the reply, he or she may lodge a complaint with the financial department at the same level, said the MOF official.

To maintain a level playing field in the market, foreign-funded enterprises that do not participate in the government procurement can also report to the MOF if they find unfair practices, he said.