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China Remains the Hot Choice for Foreign Investors and New Industries Becoming the New Favorite

2010/10/14

Nearly 0.7 million foreign-funded corporations have been established in China up until July, absorbing $1.05 trillion of FDI, according to the latest news from 14th Fair for Investment and Trade. In terms of the absorption of FDI, China has ranked No.1 in the developing world for 18 years continuously and this year the amount is likely to surpass $ 0.1 trillion.

This April, China issued Several Opinions of the State Council on Further Improving the Work of Utilizing Foreign Investment (the “Opinions”). The Opinions encourage foreign investment in high-end manufacturing, high-tech development, modern services, new energies and environment protection and energy saving projects. Also they were restricted from using high-polluting and high-energy-consuming projects or industries of overcapacity.

　　                                                                   By IP Channel of People's Daily Online



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