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Long Yongtu: The Chinese government is determined to continue increasing efforts to attract foreign investment.
【Caixin.com】 In recent years, the global multilateral system has been severely impacted. As the world’s second-largest economy, China has continued to advance high-level opening-up, and has clearly stated that in 2026 it will keep polishing the “Invest in China” brand.
“ The Chinese government has already made up its mind to continue to increase efforts to attract foreign investment.” On March 25, Long Yongtu, former vice minister of China’s Ministry of Commerce for Foreign Economic Relations and Trade, said at the Boao Forum for Asia 2026 Annual Conference, noting that, “There have been repeated commitments to provide foreign-invested enterprises with fully equal national treatment.”
“ This fully complies with the fundamental principles of the WTO.” Long Yongtu said that, according to the national treatment principle, when foreign-invested enterprises register in China—provide jobs for the people of China—pay taxes to the Chinese government, “foreign-invested enterprises are, in practice, Chinese enterprises.”