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China is at a crucial stage of reform to develop a more open economy, Wang told Jeffrey R. Immelt, chairman and CEO of General Electric, and Wendell P. Weeks, chairman and CEO of Corning Incorporated.
PRAGUE, March 30 (Xinhua) -- Chinese President Xi Jinping's 49-hour state visit from Monday to Wednesday to the Czech Republic saw the two countries ink a host of agreements ranging from lifting of bilateral ties to advancing economic and technology cooperation.
The pact, signed by the two governments in 1996, provides that the investment on each other's territories cannot be nationalized, confiscated, or be affected by any measure that has the similar effect as nationalization. In case of nationalization for the public interests, the process should be done legally and investors should be compensated.
"And my background is China," he highlighted.
Thanks to the joint patrols, the two countries would also be able to further deepen knowledge of their legal systems, Liao said, expressing hope the program would set an example for more initiatives with other European countries.
来源：资阳报