Investment: China’s Promise of Equal Treatment for Foreign Firms Sparks Industrial Upgrade Frenzy!
Beijing, China – As China undergoes a significant industrial upgrade push, the government has recently made a commitment to treat foreign firms equally in its market. This move comes amidst a backdrop of falling levels of Foreign Direct Investment (FDI) in the country, signaling a potential shift in China’s economic landscape. In response to the declining FDI, China’s Vice Commerce Minister announced plans to expand the country’s opening up to the outside world. This signals …