Over the past five years, around 30,000 to 40,000 new foreign investment projects have been approved in China every year, with an annual investment exceeding $60 billion.
The figures were 300 and $600 million respectively in the first five years after the country’s adoption of the reform and opening-up policy in 1978. According to statistics released [...]
China’s huge market and cheap labor costs have made it the largest foreign direct investment recipient of all developing countries for 16 years straight.
“FDI has been a significant force for China’s development as it’s brought new technology, management know-how and capital to the country,” Vice-Premier Wang Qishan said at a recent investment forum.
Tags: FDI, investment
The government gave the green light to a total of 1,323 investment projects presented by overseas Chinese and foreign entrepreneurs in the first eight months of this year, a decrease of 6.63 percent compared with the same period of last year, the commission under the Ministry of Economic Affairs said in a statement released yesterday.
The [...]
China announced it would provide more opportunity for foreign investment, Vice Premier Wang Qishan said on Monday at the opening of the 12th Xiamen International Trade and Investment Fair in the southeast Fujian province.
China will insist on its opening-up policy continuing to perfect the policies for the utilization of foreign capital to provide more spaces [...]
Tighter supervision of foreign-invested projects is in the offing, indicates the latest statement by the National Development and Reform Commission (NDRC), the country’s top economic regulator.
Several concerns, including perceptions of hot money inflows, need for a more environmentally aware attitude, optimization of structure of development and prevention of emergence of industrial monopolies, appear to have [...]
PPI numbers were released Wednesday and producer prices are up year on year by 8.2%, which is higher than April’s 8.1% and March’s 8.0%. Coal, steel, and energy price increases drove the jump in PPI. Although everyone expects May’s CPI inflation number, which will be released Thursday, to be 7.7%, much lower than April’s 8.5%, [...]
