German, French Ambassadors urge China to level business playing field

Reuters reports the key comments delivered by the German and French ambassadors to China, in a rare joint op-ed in the business magazine Caixin, calling for China to undertake the necessary measures to level the playing field for European businesses in China.

They also urged China to address concerns about the business environment through “concrete and systematic measures”.

The article read:

“French and German companies are looking forward to China demonstrating that it will not waver and will deepen its opening-up and reform policy in order to create a level playing field for foreign businesses in China.” 

“International businesses operating in China are awaiting a more holistic reform agenda to increase international investment and resolve the existing challenges.”

“We encourage China to address these issues through concrete and systematic measures that go beyond tariff adjustments.”

“The Shanghai expo comes at just the right time. Forty years after their inception, China should give the reform and opening-up policies fresh impetus and create new political and economic momentum for foreign business.”