CCP Sets Goal to Attract More Foreign Investment at ‘Two Sessions,’ US Ambassador Skeptical

U.S. Treasury Secretary Janet Yellen (R) shakes hands with U.S. Ambassador to China Nicholas Burns (L) as Yang Yingming, director general of the Department of International Economic Relations of China's Ministry of Finance, looks on after Yellen arrived at Beijing Capital International Airport in Beijing on July 6, 2023. Mark Schiefelbein/POOL/AFP via Getty Images

The ruling Chinese Communist Party (CCP) has set attracting foreign investment as an important goal as it discussed a slumping Chinese economy during its Two Sessions top political meetings that concluded last week.

But the outside world, including the U.S. ambassador to China, has expressed skepticism towards the CCP’s goal due to its conflicting policies.