Home Page | Photos | Video | Forum | Most Popular | Special Reports | Biz China Weekly
Make Us Your Home Page
Most Searched: G20  CPC  South China Sea  Belt and Road Initiative  AIIB  

China reaffirms openness to foreign investment

Source: Xinhua   2017-02-08 19:10:03

BEIJING, Feb. 8 (Xinhua) -- China on Wednesday reaffirmed its openness to foreign investment, while stressing that relevant companies operating in China must abide by laws and regulations.

Foreign Ministry spokesman Lu Kang made the remarks at a routine press briefing in Beijing.

The Lotte Group of the Republic of Korea (ROK) said that relevant Chinese departments had halted its construction of a multi-billion dollar real estate project in the northeastern city of Shenyang after a fire inspection.

Lu said that he had no knowledge of the status of the specific project, when asked whether the suspension of the project was related to the ROK's decision to deploy the U.S. Terminal High Altitude Area Defence (THAAD) system on land partly owned by Lotte.

"On principle I can say that China welcomes foreign investment. At the same time, relevant companies operating in China must abide by laws and regulations," Lu said.

He added that China's opposition to the THAAD deployment remained unchanged.

Editor: Mengjie
Related News
           
Photos  >>
Video  >>
  Special Reports  >>
Xinhuanet

China reaffirms openness to foreign investment

Source: Xinhua 2017-02-08 19:10:03
[Editor: huaxia]

BEIJING, Feb. 8 (Xinhua) -- China on Wednesday reaffirmed its openness to foreign investment, while stressing that relevant companies operating in China must abide by laws and regulations.

Foreign Ministry spokesman Lu Kang made the remarks at a routine press briefing in Beijing.

The Lotte Group of the Republic of Korea (ROK) said that relevant Chinese departments had halted its construction of a multi-billion dollar real estate project in the northeastern city of Shenyang after a fire inspection.

Lu said that he had no knowledge of the status of the specific project, when asked whether the suspension of the project was related to the ROK's decision to deploy the U.S. Terminal High Altitude Area Defence (THAAD) system on land partly owned by Lotte.

"On principle I can say that China welcomes foreign investment. At the same time, relevant companies operating in China must abide by laws and regulations," Lu said.

He added that China's opposition to the THAAD deployment remained unchanged.

[Editor: huaxia]
010020070750000000000000011100001360414101