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Ministry of Foreign Affairs: Foreign Companies Should Use Their Own Advantages to Succeed in China

In response to U.S. Commerce Secretary Gary Locke’s critique of China’s investment environment in his talk on May 4, the spokesperson for the Ministry of Foreign Affairs, Jiang Yu, stated that China has an open market. Companies from around the world should achieve success in the market by using their advantages and strength. 

Jiang cited measures that China has taken to improve the investment environment, but also stressed that, “The competition is fierce. We welcome foreign companies, including U.S. companies, to participate in China’s reform and open process.”

Source: Xinhua, May 5, 2011