国内英语新闻:China to continue seeing large influx of foreign investment in coming years: commerce ministe
In April, the State Council, China's cabinet, introduced a series of innovative measures to optimize foreign investment structures.
The measures included encouraging more foreign investment in high-end manufacturing industries, high-tech industries, modern services industries, new energy, and energy-savings and environmental protection industries.
With the help of such measures, foreign investment in industrial sectors with high technology and high added-value, as well as the service industry, would witness a boom, Chen predicted.
Also at Tuesday's conference, Chen mentioned that some countries are blocking investment deals in the name of national security, which, according to Chen, is a form of protectionism.
It would not help the development of global investment, but hurt these countries' employment and economic recoveries, he said.
China's outbound direct investment (ODI) rose 1.1 percent year on year to 56.53 billion U.S. dollars in 2009, according to MOC statistics released on Sunday. China was the fifth-largest source of foreign direct investment in the world last year.
By the end of 2009, Chinese enterprises had established 13,000 overseas companies in 177 countries, with combined assets topping 1 trillion U.S. dollars.
相关文章
- 英语文摘:China urges G7 to cease interfering in its internal affairs
- 英语文摘:HKSAR gov't strongly refutes G7, EU statements on chief executive election
- 英语文摘:Xi's keynote speech at opening ceremony of Boao Forum for Asia Annual Conference 2022 publ
- 英语文摘:Xi attends ceremony marking centenary of Communist Youth League of China
- 英语文摘:Xi talks with Macron over phone
- 英语文摘:External interference in Hong Kong affairs doomed to be self-defeating: Commissioner's off
- 英语文摘:Chinese spokesperson slams Western countries smearing Hong Kong election
- 英语文摘:China calls for equal, balanced global development partnership
- 英语文摘:Xinhua Headlines: A look at younger generation on China's new journey
- 英语文摘:Chinese vice premier reiterates dynamic zero-COVID policy