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

Odaily 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 China's fundamental national policy. China supports tech companies in integrating into the global innovation network and engaging in mutually beneficial international cooperation. It has never required Chinese tech 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, law-based, and internationalized business environment, and strengthen risk prevention and control. (Securities Times)