Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
An important disclaimer is at the bottom of this article.
Source: People's Republic of China – State Council News
BEIJING, July 14 (Xinhua) — Since their establishment more than 40 years ago, China's national-level Economic and Technological Development Zones have prioritized opening up and served as the "first tier" in promoting foreign trade and attracting foreign investment, said Ji Xiaofeng, spokesperson for the Foreign Investment Department of the Ministry of Commerce.
For four decades, these zones have made continuous efforts to improve themselves and have been committed to building a high-quality, law-based business environment, Ji Xiaofeng said, speaking at the latest edition of the China Economy Roundtable hosted by Xinhua News Agency.
By the end of 2024, China had established 232 state-level economic and technological development zones, which together housed more than 60,000 foreign-invested companies.
Among them, Japanese electronics giant Panasonic was one of the first foreign investors in the Chinese market. Today, it has three subsidiaries in the Suzhou Industrial Park in East China's Jiangsu Province.
Suzhou Industrial Park ranks first among all national-level economic and technological development zones in China in terms of development level as of the end of 2024, maintaining the top position for the ninth consecutive year, according to an annual ranking released by the Ministry of Commerce.
“The industrial park’s location, industrial chain and policy support make it very attractive to us and will bring great benefits to our investment and development not only in Suzhou but also in China as a whole,” said Zhao Bindi, president of Panasonic China.
In May, China's Ministry of Commerce released a work plan to further deepen reform and innovation in state-level economic and technological development zones, marking the latest move by China to strengthen the zones' role in promoting high-level opening-up.
“We have been witnesses and beneficiaries of China’s reform and opening up. As the country moves toward high-quality development, we remain committed to our continued growth here,” Zhao Bingdi said. -0-
Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.
.