Beijing, March 21 (QNA) - Chinese Ministry of Commerce said that the country will work to further stabilize foreign investment in 2025, implementing measures to open up more fields and improve the business environment.

To date, China has granted 13 foreign-invested companies access to value-added telecom services, over 40 foreign-funded biotechnology projects have kicked off, and three new wholly foreign-owned hospitals have been approved for operation, He Yongqian, a spokesperson for the ministry said.

China will expand the scope of its opening-up pilot program this year, targeting areas such as education and culture, He said.

The ministry will also step up efforts to make China a favored destination for foreign investment, the spokesperson said, adding the country is also preparing a series of promotion activities abroad to attract foreign investors.

China will continue to support both domestic and foreign-funded enterprises in participating in activities such as large-scale equipment upgrades, consumer goods trade-in program and government procurement, ensuring a level playing field for foreign-funded firms, the spokesperson said. (QNA)