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Long Yongtu: The Chinese government is determined to continue increasing efforts to attract foreign investment.
[Caixin] In recent years, the global multilateral system has faced severe shocks. As the world’s second-largest economy, China continues to promote high-level openness and has clearly stated that it will continue to shine the “Invest in China” brand in 2026.
“The Chinese government has made a firm decision to continue to increase efforts to attract foreign investment.” On March 25, Long Yongtu, former Vice Minister of the Ministry of Foreign Trade and Economic Cooperation of China, mentioned at the Boao Forum for Asia Annual Conference 2026, “We have repeatedly promised to grant foreign-invested enterprises complete national treatment.”
“The commitment fully aligns with the fundamental principles of the WTO.” Long Yongtu said that according to the principle of national treatment, foreign-invested enterprises registered in China provide employment opportunities for Chinese citizens and pay taxes to the Chinese government, “foreign-invested enterprises are essentially Chinese enterprises.”