Chinese Premier Wen Jiabao said on Thursday that the Chinese government encourages foreign companies to build more research and development centers in China.

Wen made the remark at the opening session of the summer meeting of the World Economic Forum in northeast China's port city of Dalian.

China encourages innovation and expects fast-growing companies to locate more of their R&D centers in China, said Wen, adding that China has enough talents and market potentials to accommodate them.

Wen emphasized that China will unswervingly stick to its policy of opening-up and protect foreign investors' legal rights by improving concerned laws and regulations.

China strives to create a fair and transparent environment for them, Wen said.

Plenty of high-quality laborers is also an advantage for China to attract foreign companies as they can have enough talents in the country, he said.

Source: Xinhua