ex. Game, Music, Video, Photography

U.S. presses China to reduce barriers for foreign business

Senior U.S. officials pressed China again on Tuesday to reduce barriers for foreign businesses, saying concerns have grown due to a more complex regulatory environment.

Ngày đăng: 15 tháng 9, 2021
Cập nhật: 20 tháng 1, 2023
Lượt xem: 316046563
Nguồn: vnexpress

Foreign business confidence has been impacted by regulatory and protectionist worries, following a series of government investigations targeting foreign companies and the roll-out of a national security law limiting the use of overseas technology.

U.S. business groups have also complained about new Chinese regulations they say favor local firms and make it more difficult to operate in China, as well as other laws related to national security.

"Concerns about the business climate have grown in recent years, with foreign businesses confronting a more complex regulatory environment and questioning whether they are welcome in China," U.S. Treasury Secretary Jack Lew told Chinese and American businesses and officials.

"Our two governments have a responsibility to foster conditions that facilitate continued and increased investment, trade, and commercial cooperation," Lew said, on the second day of high level talks between the two countries in Beijing.

"This means enacting policies that encourage healthy competition, ensuring predictability and transparency in the policy-making and regulatory process, protecting intellectual property rights, and removing discriminatory investment barriers. These policies are vital as China seeks to build on its economic progress in recent decades."

Secretary of State John Kerry, speaking at the same event, said that as the two economies become more intertwined in shared prosperity, they have more "skin in the game" to keep their economic relationship on an even keel.

"So we have to work on intellectual property. We have to work on transparency and accountability, we have to work on certainty and the rules of the road," Kerry said, adding that certainty was critical for business.

Kerry expressed concern about China's new law on foreign non-governmental organizations, which he said may have a negative impact on non-profit health care groups that want to do business in China.

Barriers to investment in China should removed as quickly as possible, he added.

China says it is committed to welcoming foreign companies to the country, the world's second largest economy.

State Councillor Yang Jiechi, China's top diplomat who outranks the foreign minister, said China was working to open its markets, and pointed to talks over a bilateral investment treaty as an example of this.

"We are comprehensively deepening reform, expanding, opening up, and our economy is expected to maintain long term medium-high growth rates."


Tin tức liên quan

 Respect Vietnam
news 22/03/2021

Respect Vietnam's sovereignty over Spratly Islands, China told

news | 60496607

Vietnam has demanded China respects its sovereignty over the Truong Sa archipelago following reports two research stations on its reefs have become operational.

1,000 Chinese experts, workers to enter Vietnam by train
news 14/09/2021

1,000 Chinese experts, workers to enter Vietnam by train

news | 312076559

Trains will carry about 1,000 Chinese experts and workers from the China-Vietnam border to a central region industrial park during June.

 Japanese beverage firm supports sustainable farming in Vietnam
business 26/05/2021

Japanese beverage firm supports sustainable farming in Vietnam

economy | 211816592

Japanese beverage company Kirin Holdings is increasing support for coffee growers in Vietnam amid growing consumer demand for sustainable products.

Vietnam sets organ donation record with 16 lives saved in one month
news 13/09/2021

Vietnam sets organ donation record with 16 lives saved in one month

news | 305376561

First time ever that the country has received four organ donors in a month at the Viet-Duc Hospital in Hanoi.

Scientists to study climate change impact on extreme central Vietnam weather
news 14/09/2021

Scientists to study climate change impact on extreme central Vietnam weather

news | 312476554

International climate scientists plan to conduct a study on central Vietnam’s storm-triggered rainfall last month to determine the role of climate change in the region’s extreme weather events.

 Vietnam football coach to scout for players in Europe
sports 10/05/2021

Vietnam football coach to scout for players in Europe

football | 204056648

South Korean coach Park Hang-seo will visit Europe to check out Vietnamese-origin players competing in European leagues.

Vietnam culls 1.5 million pigs as African swine fever epidemic rages
news 24/09/2021

Vietnam culls 1.5 million pigs as African swine fever epidemic rages

news | 337276561

Vietnamese has culled 1.5 million pigs, or 5 percent of its population, that were infected with African swine fever.

 WHO lauds Vietnam response to Covid-19 epidemic
news 26/03/2021

WHO lauds Vietnam response to Covid-19 epidemic

news | 96396611

Vietnam has responded well to the Covid-19 epidemic from the very outset, preventing its spread, WHO says.

Exploitation, child labor found in Indonesia palm oil linked to PepsiCo
news 13/09/2021

Exploitation, child labor found in Indonesia palm oil linked to PepsiCo

news | 309476553

Food and beverage giant PepsiCo's affiliate in Indonesia has been linked to child labour, worker exploitation, unethically low wages and hazardous working conditions, activists said.

Vietnam hosts conference on ASEAN-EU cooperation in science, innovation
news 22/09/2021

Vietnam hosts conference on ASEAN-EU cooperation in science, innovation

news | 333976558

Around 600 delegates from Vietnam and the international community are taking part in a conference being held in Hanoi which aims to enhance integration and promote cooperation in science and technology between Southeast Asia and Europe.

Chủ đề liên quan

Link Tài Trợ - Sponsored Links

Công Thức Vật Lý
Loading…