LINE

Text:AAAPrint
Economy

China reaffirms openness to foreign investment

1
2017-02-09 09:01Xinhua Editor: Gu Liping ECNS App Download

China on Wednesday reaffirmed its openness to foreign investment, while stressing that relevant companies operating in China must abide by laws and regulations.

Foreign Ministry spokesman Lu Kang made the remarks at a routine press briefing in Beijing.

The Lotte Group of the Republic of Korea (ROK) said that relevant Chinese departments had halted its construction of a multi-billion dollar real estate project in the northeastern city of Shenyang after a fire inspection.

Lu said that he had no knowledge of the status of the specific project, when asked whether the suspension of the project was related to the ROK's decision to deploy the U.S. Terminal High Altitude Area Defence (THAAD) system on land partly owned by Lotte.

"On principle I can say that China welcomes foreign investment. At the same time, relevant companies operating in China must abide by laws and regulations," Lu said.

He added that China's opposition to the THAAD deployment remained unchanged.

 

  

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.