China welcomes foreign investment

An investment exhibition in Tianjin. Premier Wen Jiabao promised to provide a level playing field for overseas investors on Monday. [Photo / China Daily]

Premier guarantees equal treatment to companies, effective IPR protection

BEIJING - Premier Wen Jiabao reiterated on Monday that China will strengthen its policy of attracting foreign investment, saying the country's development requires closer interaction with the rest of the world.

"China will only strengthen, rather than weaken, its measures of attracting foreign investment, especially in advanced technology and management experiences," Wen told a group of foreign company executives.

The audience was composed of overseas attendees to the 12th China Development Forum, an annual platform for business and academic leaders to interact with China's top decision-makers and economic policymakers.