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"China is being pressured from both sides," an unidentified MIIT official told Xinhua. "Advanced economies such as the United States, Germany and Japan have all formulated policies supporting further development of their own manufacturing. At the same time, emerging economies such as India and Brazil are catching up with their own advantages."
"By the end of this year, all undisputed arrears should be cleared as much as possible, and no new arrears should be incurred," Xin said during a recent State Council Information Office press conference held in Beijing.
"China and the EU commit to ensure equitable and mutually beneficial cooperation in bilateral trade and investment," the statement said, reiterating the two sides' willingness to enhance bilateral economic cooperation, trade and investment, and to provide each other with broader and more facilitated, non-discriminatory market access.
"China is also becoming more open to foreign companies," said Ravi Shankar Bose, founder of mobile marketing firm Fugu Mobile, which chose China as its first overseas market.
"China is promoting home rentals. This shows the country's concern for its people. We are happy to play a part," he said at the news conference on Dec 20.
来源：资阳报