根据建设社会主义市场经济体制的要求，我们将继续全方位地对外开放。我们要进一步理顺改革、发展和稳定三者之间的关系，培育统一开放、竞争有序的市场体系。

In accordance with the requirement for establishing a socialist¹ market economy, we will continue to open to the outside world in all directions. We should correctly handle the relations between and among reform, development and stability and cultivate a unified² and open market system with orderly competition.

我们要制定明确的产业政策引导投资投向。我们要加大引进外资的力度，尤其是鼓励外资对我国基础设施，基础工业和高新技术产业的投资。

We should formulate³ well-defined industrial policies to guide our orientation⁴ in foreign investment. We will increase our effort in introducing foreign investment and in particular, encourage foreign investment in China’s infrastructure⁵, basic industries and industries of high and new technology.

在投资环境不断改善的条件下，我们对外商投资要坚持竞争择优的原则，并按照国际惯例对外资企业实行国民待遇。同时，我们要依法保护中外投资者和企业员工的一切正当权益。

As the environment for investment continues to improve, we should follow the principle of selecting only the best of the competing offers for foreign business investment. We should adopt a practice which is compatible with international convention and treat foreign-founded enterprise三 the same way as their Chinese counterparts. Meanwhile, we will protect according to the law the legitimate⁶ rights and interests of both Chinese and foreign investors⁷ and business employees.

必须指出，中外合资是一种互补互惠的合作关系。合资双方可以最大限度地发挥各自的优势。应该说，这种投资方法对合作双方来说，都有丰厚的经济回报。

It must be pointed⁸ out that a Sino-foreign joint⁹ business is one of complementary and mutually beneficial partnership¹⁰. Business partners in a joint venture can maximize their strengths. This type of investment, so to speak, will certainly yield fat economic returns for both parties in the partnership.