China to remain popular investment destination: spokesperson

Sun Yeli, spokesperson for the 20th National Congress of the Communist Party of China (CPC), holds a press conference at the Great Hall of the People in Beijing, capital of China, Oct. 15, 2022. (Xinhua/Cai Yang)

BEIJING, Oct. 15 (Xinhua) -- China will continue to be a popular destination for investment, a spokesperson said Saturday.

One should not see curbing the unregulated capital expansion as conflicting with promoting the sound development of the non-public sector in China, Sun Yeli, spokesperson for the 20th National Congress of the Communist Party of China, told a press conference.

China's policy of unswervingly consolidating and developing the public sector and unswervingly encouraging, supporting and guiding the non-public sector has not changed and will not change, Sun said.

China is a law-based country where state-owned capital and private capital, as well as investment from home and abroad are all protected by law, he said.

The country will draw on the good practices in other parts of the world, enhance regulation while boosting development, and continue to improve a market-oriented and law-based business environment up to international standards, Sun said.