Premier encourages foreign companies to build R&D centers in China

DALIAN, Sept. 6 (Xinhua) -- Chinese Premier Wen Jiabao said here Thursday that the Chinese government encourages foreign companies to build more research and development centers in China.

Wen made the remark at the opening session of the summer meeting of the World Economic Forum in northeast China's port city of Dalian.

Chinese Premier Wen Jiabao delivers a special address during a plenary session to welcome guests of the Inaugural Annual Meeting of the New Champions in the Plenary Hall of the Dalian World Expo Center in Dalian, a coastal city in northeast China's Liaoning Province, Sept. 6, 2007. The Inaugural Annual Meeting of the New Champions, also dubbed "Summer Davos", was opened here Thursday. More than 1,700 officials and business leaders from over 90 countries and regions took part in the event. (Xinhua Photo)

China encourages innovation and expects fast-growing companies to locate more of their R&D centers in China, said Wen, adding that China has enough talents and market potentials to accommodate them.

Wen emphasized that China will unswervingly stick to its policy of opening-up and protect foreign investors' legal rights by improving concerned laws and regulations.

China strives to create a fair and transparent environment for them, Wen said.

Plenty of high-quality laborers is also an advantage for China to attract foreign companies as they can have enough talents in the country, he said.