Economy

China pledges fair investment environment

(Xinhua)
Updated: 2010-10-29 20:43

BEIJING - Chinese Vice Premier Wang Qishan met with Jorma Ollila, chairman of global oil giant Royal Dutch Shell, in Beijing Friday, pledging to create a fair and transparent investment environment for foreign businesses.

Related readings:  Interest rate hike likely to spur US investment in China  China's Jan-Sept fixed asset investment grows slower  China-ASEAN Business and Investment Summit opens  China now No 4 hot spot in energy investment: EC Harris

Wang expressed China's appreciation for Shell's decision to expand investment in China, calling for enhanced cooperation with the company in the field of energy.

He said China will unswervingly adhere to its reform and opening-up policies and strive to create a fair, transparent and standardized investment environment for foreign-invested enterprises.

Ollila said Shell will continue to deepen energy cooperation with China and work to achieve mutually-beneficial, win-win results.