Department of Commerce Minister Chen Deming attended the second World Investment Forum Ministerial round table suggested that developing countries could follow the example of China 30 years ago, the establishment of economic and industrial zones, and take the lead in developing the economy. Developing countries, particularly least developed countries (LDCs) infrastructure is not enough, but some regions and cities, such as port city or state capital edge industrial zone, let these places first developed and then gradually driven.
Chen Deming revealed that in recent years in eight foreign development cooperation between the two sides of the economic and technical development zone, will also continue to advance. But in the cooperation process will involve questions of law, Chinese law in those places do not apply and to use the law of the State in which, depending on whether the laws of the State with appropriate conditions.
Chen Deming deny doing development zone in order to attract Chinese to invest in their own enterprises, the development zone is the world's third-party countries opening up investment. But some successful, some not so successful. Success is because development zone surrounding a better talent and logistic conditions. Not so successful is that infrastructure development, very few businesses to invest, or a national regime and policy changes.
He said China was willing to discuss how to developing countries and in developing countries to establish development zone industrial park, stressed that the countries in the study of issues particular to discuss the international investment policy, be sure to benefit developing countries and LDCs absorbed international capital, international capital flows to these countries.
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