National Development and Reform Commission: Never Required Chinese Tech Companies to Reject Foreign Investment

Odaily Planet Daily News The National Development and Reform Commission held a press conference on May 22. Li Chao, Deputy Director of the Policy Research Office of the National Development and Reform Commission, stated that opening up is a fundamental national policy of China. China supports technology companies in integrating into the global innovation network and engaging in mutually beneficial international cooperation, and has never required Chinese technology companies to reject foreign investment.

He also emphasized that foreign investment must comply with Chinese laws and regulations and must not harm China's national security and interests. China will continue to implement the Foreign Investment Law and its implementing regulations, further optimize the market-oriented, legalized, and internationalized business environment, and strengthen risk prevention and control. (Securities Times)