BEIJING, Sept 18 Reuters China39;s central bank and forex regulator met with foreign financial institutions and companies on Monday, as Beijing strives to attract overseas investment to support its recovery.
JPMorgan, HSBC, Deutsche Bank and Tesla were among those attending the meeting, according to a statement by the People39;s Bank of China PBOC, in a sign of renewed efforts by Chinese policymakers to revive foreign trade and investment.
The world39;s secondlargest economy has lost steam since the second quarter and showed only tentative signs of stabilisation last month with policy support.
China will improve its policies, and create a marketoriented and internationallevel business climate, PBOC Governor Pan Gongsheng was quoted as saying in the statement.
Pan said China will also continue to improve the quality and efficiency of its financial services.
The firms at the meeting called on Beijing to optimise its business environment, the statement said.
China has sought to court foreign capital as its economic recovery from the COVID19 pandemic slows in the face of tepid overseas demand and property weakness.
In a bid to attract more foreign investment, China39;s State Council, its cabinet, in August issued guidelines on overseas capital, saying authorities should increase protection of the rights and interests of outside investors, including strengthening enforcement of intellectual property rights.
Actualised foreign direct investment into China fell 5.1…