China’s central bank and forex regulator met with foreign financial institutions and companies on Monday, to find ways to strengthen financial support to foreign trade and investment, as well as further optimize the foreign investment environment.
Representatives from J.P. Morgan, HSBC, Deutsche Bank and Tesla were among those who attended the meeting, according to a statement by the People’s Bank of China (PBOC).
Pan Gongsheng, governor of PBOC, said that the country will improve its policies, and create a market-oriented and first-class international business climate, according to the statement.
Pan said China will also continue to improve the quality and efficiency of its financial services.
China in August issued guidelines on overseas capital to attract more foreign investment, saying authorities should increase protection of the rights and interests of outside investors, including strengthening enforcement of intellectual property rights.
(With input from Reuters; Cover via CFP)