China's FIL offers convenient environment for investment activities

APD NEWS

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China's Foreign Investment Law (FIL) has offered a more convenient environment for investment activities and better protection for foreign capitals' rights and interests since it was implemented more than one year ago, foreign ministry spokesperson Wang Wenbin said on Thursday.

China moved up by almost 50 places from the 78th position in Doing Business 2018 to the 31st position in Doing Business 2020, and was included among the top 10 global reformers for two years in a row, said Wang.

"China's opening up will surely reach wider, go deeper and get more sophisticated. We will endeavor to offer an investment environment to foreign capitals that is more market-oriented, law-based, and up to international standards. China's market will be shared by everyone around the world," Wang added.