Foreign Investors Equal Treatment

Foreign business groups complain that China’s efforts to promote “indigenous innovation” by favoring domestic companies violates the spirit of its World Trade Organization market-opening commitments.
The vice president, Xi Jinping, said Beijing would alter the procurement rules that prompted an outcry from foreign companies by giving preference to Chinese-developed technology in multibillion-dollar annual
government purchases of computers and other goods. He repeated promises that foreign-owned companies in China would be eligible to apply to be treated as domestic suppliers.

Source : Konaxis


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