China will carefully study issues related to market access and cross-border data flows with the aim of developing new regulations quickly.
Prime Minister Li Qiang, opening the proceedings of the China Development Forum, stated that Beijing "warmly welcomes companies from all countries that invest in China and strengthen their presence in China".
Li, who spoke of the economy undergoing a stable recovery on an upward trend, said Beijing is also pushing to develop emerging industries such as organic manufacturing and will step up the development of artificial intelligence and the data economy.
The inflation rate and the central government's debt burden are relatively low, leaving room for further macro policy measures, Li added at the Beijing forum, which has become a vital platform for opening up the Dragon to the world, promoting international cooperation and exchange. .
The prime minister also highlighted the measures that China has adopted in 2023 to defuse risks related to the real estate crisis, which he said have been effective.
Li cited the 1 trillion yuan ($140 billion) in special ultra-long-term Treasury bonds earmarked in the government's plans to stimulate investment and stabilize growth.
The economy is facing difficulties such as the real estate crisis, local public debt problems, industrial overcapacity, deflationary risks and the cooling of foreign investments.
The forum, organized annually by Beijing since 2000, is the highest-level gathering for global business leaders and Chinese politicians to discuss foreign investment opportunities.
The participation of the heads of Corporate America has clearly recovered, including TimCook, Apple's number one.
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