Vice premier invites more multinationals to tap into Chinese market

China's Vice Premier He Lifeng makes a video speech at the opening ceremony of the third China International Consumer Products Expo in Haikou, capital of south China's Hainan Province, April 10, 2023. (Xinhua/Li Xin)

BEIJING, April 10 (Xinhua) -- Chinese Vice Premier He Lifeng on Monday invited more multinational companies to tap into the Chinese market, expand their investment and grow along with China's economic development.

He made the remarks while addressing the opening ceremony of the third China International Consumer Products Expo and the Global Consumption Forum via video.

China will unswervingly pursue high-standard opening-up, further ease market access for foreign investment, protect the rights and interests of foreign investors in accordance with the law, and foster a better business environment, said He.

He said the size of China's consumer market has steadily expanded and the pace of its upgrading has been accelerated, while consumption has become increasingly important in expanding domestic demand and promoting economic development.

He added that China will work hard to expand domestic demand, increase the supply of quality goods and services, continue to increase imports of quality consumer goods, vigorously promote green and low-carbon consumption, and give greater play to the fundamental role of consumption in economic development.