China to help foreign firms resume production

Date: 11 Feb 2020

China will help foreign companies resume production, and ensure service for major projects invested by global firms to enhance the country's ability to attract foreign investment, according to the Ministry of Commerce.

Eager to protect their interests and help cut losses caused by the novel coronavirus pneumonia epidemic in the country, the ministry will assist foreign companies in preparations before the resumption of work, and support them to resume production under the precondition of adequate prevention and control work, said a circular unveiled by the ministry on Monday.

The government will prioritize the demand for foreign-funded enterprises that produce protective goods and equipment such as medical protective clothing, facial masks and goggles, to promptly resume production and meet the market demand, as well as help them gain necessary protective materials, the circular said.

The ministry will closely track the progress of large foreign investment projects under discussion, strengthen communication and actively promote investment cooperation with different parties.

The circular required local authorities to provide timely service to large foreign-invested projects under construction, optimize online government services, and coordinate relevant government branches and public utilities to ensure their supplies to overseas businesses in term of land use, labor, water and power usage.

Source: China Daily

The information on this page may have been provided by a contributor to ChinaGoAbroad, and ChinaGoAbroad makes no guarantees about the accuracy of any content. All content shall be used for informational purposes only. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting such content (including texts, pictures, photos and diagrams) to ChinaGoAbroad for publication. ChinaGoAbroad disclaims all liability arising from the publication of any content/information (such as texts, pictures, photos and diagrams that infringe on any copyright) received from contributors. Links may direct to third party sites out of the control of ChinaGoAbroad, and such links shall not be considered an endorsement by ChinaGoAbroad of any information contained on such third party sites. Please refer to our Disclaimer for more details.