NATION EASES PATH FOR MULTINATIONALS

Overseas companies welcome new investment policies

For multinational corporations grappling with the coronavirus pandemic, China emerged as a silver lining to their balance sheets last year.

The nation has launched favorable policies to stabilize and attract foreign investment, and this was underlined on Friday when Premier Li Keqiang announced a series of opening-up measures in his Government Work Report. Li delivered the report to the fourth session of the 13th National People's Congress, the country's top legislative body.

According to business executives, foreign companies will benefit from China's latest plans to shape its role as a global growth engine in a test of locally adapted innovation and a venue for generating best business practices.