China’s central bank and foreign exchange regulator met with foreign financial institutions and companies on Monday to seek ways to strengthen financial support for foreign trade and investment, as well as further optimize the foreign investment environment.
Representatives from JP Morgan, HSBC, Deutsche Bank and Tesla were among those attending the meeting, according to a statement from the People’s Bank of China (PBOC).
Pan Gongsheng, governor of the PBOC, said the country will improve its policies and create a first-class and market-oriented international business climate, according to the statement.
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Pan said China will also continue to improve the quality and efficiency of its financial services.
Representatives from JP Morgan, HSBC, Deutsche Bank and Tesla were among those attending the meeting, according to a statement from the People’s Bank of China (PBOC).
In August, China issued guidelines on foreign capital to attract more foreign investment, stating that authorities should increase protection of the rights and interests of foreign investors, including strengthening the enforcement of property rights. intellectual.
Article republished from the Chinese state media CGTN within the framework of an agreement between both parties to share content. Link to the original article: https://news.cgtn.com/news/2023-09-19/China-s-central-bank-forex-regulator-meet-with-foreign-companies-1ndP2MUArC0/index.html
CGTN is a Chinese state media organization with a focus on international news. Headquartered in Beijing, CGTN has three production centers, located in Nairobi, Washington DC and London, with professionals from around the world. CGTN’s television channels are available in more than 160 countries and regions around the world, and include the video news agency Global Video News Agency.
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Source: https://reporteasia.com/economia/comercio/2023/09/20/banco-central-chino-reune-empresas-extranjeras/
