China's investment climate is expected to further improve as the Central Government has pledged to foster a more conducive business environment, while upholding intellectual property rights to entice more foreign investors into the country, particularly those from the US.

This was announced by Premier Li Keqiang during a meeting with a US delegation whose visit to Beijing was organized by the Aspen Institute, a Washington-based think tank, the China Daily reported. 

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In his remarks, Li stressed to the delegation - composed of 18 US senators and members of the House of Representatives - that their countries have more common interests than differences, one of the main reasons why China is working hard to enhance its investment climate.

Being the world's largest developing country and largest developed country, the premier stressed that the two nations should be able to better handle differences in opinion in order to strengthen Sino-US relations.

China likewise committed to work hand in hand with the US Government to accelerate negotiations on a China-US bilateral investment treaty, which is expected to boost economic and trade activities between the two countries.

The meeting provided legislators from the US states of Illinois, Delaware, California and Nebraska the opportunity to share their views on a wide-range of issues and concerns, such as Sino-US relations, and China's current economic development efforts and business environment.

Representatives from both governments agreed that the Asian manufacturing giant's development also presented great opportunities for the United States as well, which has encourage China to establish a more favorable investment climate.   

Xue Lan, dean of the School of Public Policy and Management at Tsinghua University who also participated in a training course at the Aspen Institute, noted that think tanks such as the Aspen have often visited China, but are rarely received by high-ranking Chinese leaders such as the premier.

"It is important, especially for foreign legislators, to meet with Chinese leaders so all can get a clearer understanding of the other side," Xue explained.

The meeting between Chinese and US officials is viewed as another important step in strengthening economic relations between two of the world's biggest economies and bolstering China's investment climate. 

Tagschina, Investment Climate, Chinese Premier Li Keqiang