China will create a level playing field for domestic and foreign companies and make foreign investment in the country easier.
Vice Premier Wang Yang said at an annual gathering of the American Chamber of Commerce that China needs foreign enterprises to play a more active role as it becomes more integrated with the world.
He also pledged that China will strengthen protection of intellectual properties and commercial secrets and make regulations more transparent; China will focus in particular on easing entry into the service sector when reforming rules on foreign investment. The vice premier also called on foreign firms to keep pace with development trends sweeping China. Innovation and green growth, for example, are key concepts in China's proposal for the 13th Five-Year Plan (2016-2020).