President Hu Jintao Monday pledged to create better conditions for foreign investors.

Chinese President Hu Jintao (C) and New Zealand Prime Minister Helen Clark (L) arrive at the Auckland War Memorial Museum for a brief visit October 27, 2003 in Auckland. President Hu Jintao's visit to New Zealand was aimed at expanding trade and economic cooperation between the two countries. [Reuters]

China will open wider to the world, further improve foreign-related economic laws and regulations and enlarge areas that open to the outside world according to international practice and its commitments to the World Trade Organization, Hu said.

He said China will continue to intensify its efforts to build a market economy, step up protection of intellectual property rights and strive to foster a unified, open and credible market featuring with fair competition and good order.

The president made these remarks while meeting representatives of New Zealand business people in Auckland.

Talking about ways to further consolidate bilateral economic and technological ties, Hu proposed the two countries expand co-operation in such traditional trade areas as wool, paper pulp, wood and diary products while exploring partnership in the service sector including science and technology, education and tourism.

He called for more mutual investment between China and New Zealand and encouraged New Zealand enterprises to make investment in China's vast central and western areas and Northeast China as China is now implementing its western development strategy and trying to reinvigorate its old industrial bases in the Northeast.

Hu also met New Zealand's National Party Leader Bill English yesterday before wrapping up his three-day visit to New Zealand and flying home.

He appreciated the contribution made by the National Party in promoting bilateral relations.

Close

Today's Top News		Top National News
+Gov't owes building companies 90b yuan ( 2003-10-28) +Comment: Chen's new tricks, but same old story ( 2003-10-28) +Twin-city bond to benefit nation ( 2003-10-28) +Wave of bombings kills dozens in Baghdad ( 2003-10-28) +Balanced development to be enhanced ( 2003-10-28)		+Comment: Chen's new tricks, but same old story ( 2003-10-28) +Thousands homeless in cave collapses ( 2003-10-28) +China to create better investment environment ( 2003-10-28) +Balanced development to be enhanced ( 2003-10-28) +Victims of quake in desperate need of aid ( 2003-10-28)