【正确答案】In accordance with the requirement for establishing a socialist market economy, we will continue to open to the outside world in all directions. We should correctly handle the relations between and among reform, development and stability and cultivate a unified and open market system with orderly competition.
We should formulate well-defined industrial policies to guide our orientation in foreign investment. We will increase our effort in introducing foreign investment and in particular, encourage foreign investment in China's infrastructure, basic industries and industries of high and new technology.
As the environment for investment continues to improve, we should follow the principle of selecting only the best of the competing offers for foreign business investment. We should adopt a practice which is compatible with international convention and treat foreign-founded enterprises the same way as their Chinese counterparts. Meanwhile, we will protect according to the law the legitimate rights and interests of both Chinese and foreign investors and business employees.
It must be pointed out that a Sino-foreign joint business is one of complementary and mutually beneficial partnership. Business partners in a joint venture Call maximize their strengths. This type of investment, so to speak, will certainly yield fat economic returns for both parties in the partnership.