BEIJING -The Chinese government welcomes foreign investment, and will make efforts to create a fair, transparent and standard investment environment for foreign companies, Vice-Premier Wang Qishan said on Thursday.

Closer cooperation between enterprises of China and the United States will benefit the development of Sino-US economic ties, Wang said during a meeting in Beijing with Michael Dell, chairman of the board of directors and Chief Executive Officer of Dell Inc.

The visiting businessman said Dell is willing to further advance investment in China and is also committed to push forward bilateral economic and trade relations.