Openness defining traits of Chinese business environment

A recent survey indicates that 90 percent of foreign-funded enterprises in China find its business environment "satisfactory", says a report recently released by the China Council for the Promotion of International Trade.

Among the indicators in the survey, which was based on questionnaires answered by representatives of more than 400 foreign-funded enterprises and field research of more than 50 foreign companies and chambers of commerce, market access, obtaining sites for business operation, and handling business closure procedures are the ones that the surveyed foreign-funded enterprises rated the highest. That can be attributed to the introduction of relevant supporting policies recently, such as the one that lifts restrictions on foreign capital's entry into the manufacturing sector.

The CCPIT has held more than 540 symposiums with foreign-invested enterprises this year and conducted on-site surveys of more than 3,300 foreign-funded enterprises across the country. Relevant foreign-funded enterprises expressed their optimism about the Chinese market as well as their strong confidence in investing in China.