Long Yongtu: The Chinese government is determined to continue increasing efforts to attract foreign investment.

WealthCoffee · 2026-04-05T08:53:22+00:00

Against the backdrop of shocks to the global multilateral system, China emphasizes continuing to attract foreign investment, planning to further promote the "Invest in China" policy in 2026 to ensure foreign-funded enterprises enjoy equal treatment and to promote economic growth.

WealthCoffee

2026-04-05 08:53:22

Abstract generation in progress

【Caixin Global】 In recent years, global multilateral mechanisms have faced severe setbacks. As the world’s second-largest economy, China has continued to advance high-level opening-up, and has clearly stated that it will further polish the “Invest in China” gold-standard brand in 2026.

“The Chinese government has made up its mind to continue increasing efforts to attract foreign investment.” On March 25, Long Yongtu, the former vice minister of China’s Ministry of Commerce for International Trade and Economic Cooperation, said at the Boao Forum for Asia’s 2026 annual meeting that, “we have repeatedly pledged to provide foreign-invested enterprises with fully equal national treatment.”

“These commitments fully align with the fundamental principles of the WTO.” Long Yongtu said that, under the national treatment principle, when foreign-invested enterprises register in China, provide jobs for the Chinese people, and pay taxes to the Chinese government, “in practice, foreign-invested enterprises are just Chinese enterprises.”

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