China is intensively sending a message that it remains committed to opening up no matter how the external environment may evolve. According to China’s Ministry of Commerce, three wholly foreign-owned hospitals have been approved as part of a pilot program launched last year to expand access in health care, telecommunications, and biotechnology sectors. In the same program, 13 foreign companies have gained approval to provide telecom services, and more than 40 foreign-funded biotech projects have been launched.
Why are China and foreign investors staying committed to each other? Host Ding Heng is joined by Professor Liu Baocheng, Director of the Center for International Business Ethics at University of International Business and Economics; Harvey Dzodin, Senior Fellow of the Center for China and Globalization; Zhou Sili, Associate Professor of Economics and Finance at University of Macau.
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