Mme. Guo Tingting

Member of the CPC Leadership Group of the Ministry of Commerce and Vice Minister


MOFCOM Held a Video Conference with FIEs in the Mechanical and Electrical Equipment Industry

On May 23, Assistant Minister of MOFCOM Guo Tingting chaired a virtual meeting with foreign-invested enterprises in the mechanical and electrical equipment industry. Nine companies represented the industry at the meeting.

Guo Tingting noted that opening-up is China’s long-term basic state policy. The new development paradigm, an open Chinese market, and deepening regional economic cooperation will provide more new opportunities for foreign-invested enterprises to grow in China. The mechanical and electrical equipment industry is a priority for encouraging foreign investment in manufacturing. China continuously strengthens support for foreign investment in manufacturing and guides foreign investors to pursue innovative and green development. It is hoped that FIEs will seize investment and growth opportunities in China and bring more and better products, technologies and services while contributing to global industrial and supply chain stability. Moving forward, MOFCOM will work with related departments and localities and continue to leverage the Special Task Force for Key Foreign-invested Projects to increase regular communications with FIEs and push for timely and coordinated solutions to their problems in an effort to provide good services for FIEs.

Attending companies expressed appreciation for the efforts of the Chinese government to enhance opening up, optimize the business environment and help businesses’ Covid response. They remain bullish on the Chinese market and will continue to increase investment in China to promote the high quality development of China’s mechanical and electrical equipment industry.

Chief officials of the Department of Foreign Investment Administration responded to the specific concerns and requests of the participating companies.

(All information published on this website is authentic in Chinese. English is provided for reference only.)