Zhejiang will spare no effort to create a world-class business environment and provide optimized services for local foreign-invested enterprises, a top provincial leader pledged on June 9.

"Zhejiang will offer solutions to the operational difficulties of foreign-invested enterprises by alleviating their financial burdens and running costs, streamlining administration procedures, and enacting the regulations laid out in the newly-passed foreign investment law," Zhu Congjiu, vice governor of Zhejiang province, said at the Zhejiang Province Foreign-invested Enterprises Roundtable.

"Large-scale foreign investment not only brings in the funds and technology that Zhejiang needs, but also promotes regional institutional reform and market development, hereby making a great contribution to Zhejiang's economic and social development," said Zhu.

He added that Zhejiang will continue to open up to the outside world and welcome global investors interested in the potential business opportunities made possible by the high-quality development of the province.