Tuesday, December 21, 2010

Department of Commerce officials: foreign investment in China this year or the first breaking the $ 100 billion

Department of Commerce Office of the Deputy Director Shen Danyang 5 in Xiamen, China foreign investment facts do not support China's investment environment, he expects this year China foreign investment size possible for the first time exceeded 1000 billion dollars.

Shen Dan held here in the second session of the world investment forum, the 14th China international fair for investment and trade (CIFIT) press briefing, a reporter's question of China's investment environment, made the above remarks.

Shen Yang said recently on China's investment environment concerns reflect the transnational corporations on the Chinese market, does not mean that the existence of "China's investment environment deterioration" of the prevailing view, cannot explain the Chinese Government in foreign investment policy is about to occur or has occurred.

He said, as we all know, is China's opening up to foreign investment policy. Since reform and opening up, China's Government as a foreign investment has created the increasingly sophisticated investment environment in China on attraction of foreign investment are increasing. The ' 9th ' attractiveness to foreign businessmen are typical examples. "Shen Dan Yang said.

He emphasized that the year 2009 China foreign investment facts do not support the so-called "Chinese foreign environmental degradation". The truth is in the last year the global multinational investment decline 40 per cent of the cases, the actual foreign investment in China is only down 2.6 per cent.

Commerce Department data showing that this year the first seven months, the amount of foreign capital in China's actual use 583.54 billion, an increase of 20.65 per cent. National new batch of foreign-invested enterprises 14459 17.9 percent. "This year the total scale of foreign investment in China is likely to first break 1000 billion dollars. "Shen Dan Yang said.

He said the current overall foreign-funded enterprises in China operation in good condition and development prospects in China remain optimistic, that from the side that the Chinese Government's efforts to improve the investment environment has been recognized by investors, boost the confidence of foreign investment.

Shen Yang said that China's investment environment is not perfect. Next to the Chinese Government will continue to intensify efforts to reform and innovation, and strive to create a more open to foreign investment and transparent legal policy environment more efficient and convenient administrative environment and equal competitive market environment, better play in technological innovation and industrial upgrading and regional coordination and development of a positive role, increasing foreign investment in the quality and level.

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