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Foreign investors to China's Xi: Cut the red tape

China (AP) - major multinational companies carefully President xi jinping on Monday called on China to reduce obstacles, in China's economy is serious the government business, and draw a commitment to create a more level playing field.
In a rare audience with the head of the communist party, PepsiCo executives buying and selling, the samsung group, the Volvo group, and a dozen other firms - agricultural enterprises financing - and dwell on broaching machine problems plagued the enterprise success of shaking hands in the world's second-largest economy. They are complaining about the red tape and investment restrictions, be helpful for China's state-owned enterprises and blatant discrimination, because of political issues.
Direct criticism in one of the few, PepsiCo President zein abdullah urged more equitable treatment and condemned the limit of investment in agriculture, PepsiCo want to lay's potato chips, Quaker oats products. Hundreds of thousands of U.S. companies, he says, continued investment will depend on advancing market reform in Beijing.
"They here, they will keep the promises of reform and opening up, as long as you maintain the same natural foreign companies like us to share your recent calls, xi jinping, promote transparency and fairness. We better understand the policy direction and policy decisions in China, we can better plan to invest their resources, and continue to build a successful business," abdullah said.
Has marked the sunrise are another way to distinguish himself from his predecessor, few words, rigid hu jintao. Since he took office in November, xi 'an has adopted a more direct, pure style appealed to citizens, to talk about for the led need to curb corruption. He catches the slogan of all policies, China's dream, about people's desire for a better life.
Although their investments has helped to promote the vigorous development of China's economy, foreign firms tend to think, in the past decade, they concern given the cold shoulder. Hu jintao is seldom to meet them, and even his government pursues a policy in favor of state-owned enterprises, foreign investment economy, shielding, and trying to force multinational companies to transfer technology to enter the Chinese market.
For most annual BBS in China, the global elite boao island town hotel meeting, xi jinping, to listen to. "Your advice is very useful," he said, almost an hour-long meeting drew to a close. "In more than 30 years of reform and opening up, to listen to criticism, and help us grow and mature."
Xi jinping provide no more than a commitment to protect the rights and interests of foreign companies, "for all market participants to provide a fair competitive environment, and continue to work hard, make more attractive to foreign investors in China. He has promised, China's economic development is yet to mature, will continue to grow rapidly, even if not rapidly, nearly 10% of the annual average speed management in recent decades.
"Through our efforts, this is possible, China maintained a very high economic growth rate is very high growth rates, we will not be able to maintain. We don't want to we can't, but a very high growth rate, can be sustained," xi said.
In addition to any commitments, as senior leaders' meeting in xi 'an is very useful because they give the top director of foreign exchange business for approval. As a result, most of the complaints are indirect.
Agribusiness in Thailand charoen pokphand group chairman urged better financing and tax preferential policies for private enterprises. The Japanese head of shipping and logistics company, Nippon yusen corporation, Nippon yusen, elliptical bitter disputes between Beijing and Tokyo in the east China sea islands and overflows it has corporate Japan, it saw the slump in imports and sales in China last year.
NYK palace, chairman of the tillage treatment about last year's "unpleasant" plot. "We need to establish closer relations," he said.
The sunrise did not respond directly, but he was in a meeting with all the foreign executives outlook continues to make money.



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