www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Economy

Govt stresses quality for FDI, ODI

By Zheng Yangpeng (China Daily) Updated: 2012-07-27 08:51

Energy, mining, agriculture are key sectors for outbound investment

China will shift its direct-investment focus, both foreign and outbound, to quality instead of quantity, an economic planning guideline said on Tuesday.

The National Development and Reform Commission, the country's top economic planning agency, outlined the nation's FDI and ODI development plan for the 12th Five-Year Plan (2011-15). The commission vowed to bring home advanced foreign technology, talent and management when attracting foreign capital.

Govt stresses quality for FDI, ODI

A wall of Chinese and international company logos in Nanjing, East China's Jiangsu province. A government policy document called for quality FDI, and encouraged multinationals to set up R&D, procurement and financial management centers in China. [Photo/China Daily]

To that end, China will encourage multinationals to set up regional centers, R&D centers, procurement centers and financial management centers. China will also encourage foreign companies to invest in advanced service sectors, such as modern logistics, software development, engineering design, consultancy and intellectual property service industries, the document said.

The country will strictly limit foreign investment in industries that consume a lot of energy and resources, and high-pollution industries.

"China is transferring from embracing foreign investment to selectively embracing foreign investment, in a bid to upgrade and improve the economy," said Huo Jianguo, president of the Chinese Academy of International Trade and Economic Cooperation.

The guideline acknowledged several hurdles to meeting this goal. One major problem is the inability to transform the large amount of FDI to China's own technological strength.

"In past years, the surging FDI preferred single ownership in China, which made the technology spillover effect hard to occur," Huo said. "Other joint ventures, targeting China's labor advantages or the consumer market, provided few chances for technology spillover."

Huo said China should ramp up its R&D ability and improve its innovation environment, which would help Chinese firms cooperate with foreign firms on technology.

The document said the government will guide foreign capital into healthcare, culture and tourism sectors, but will be more cautious in finance, securities and telecommunications.

Huo said there are still reservations within some service industries about opening to foreign capital.

"But I believe there will be breakthroughs during the 12th Five-Year Plan. We will see more openness and competition. After all, nearly half of foreign capital seeks to enter China's service sectors," Huo said.

While stressing attracting quality foreign investment, the document also urged improving the quality of outbound investment.

It said China will encourage investment in overseas high-tech and advanced manufacturing. The country will also seek to acquire foreign intellectual property rights through acquisitions, equity participation, joint ventures, and establishment of its own overseas R&D centers.

Energy, mining and agriculture are identified as the key sectors that Chinese investors are encouraged to invest in abroad.

Meanwhile, the document also noted difficulties facing China's outbound investment.

"As China's might increases, there is growing skepticism toward China's overseas investment and subsequent restrictive practices," the document said.

Political instability in some countries also raised the potential risks of China's investment, it added.

Zhang Jianping, a researcher with the Academy of Macroeconomic Research under the NDRC, said encouraging more private and small and medium-sized enterprises to engage in foreign investment is a way to counter the skepticism and restrictions, which China's State-owned enterprises often encounter.

"The government should offer more consulting for private firms and SMEs which aspire to invest abroad, and match up SOEs and private firms to jointly explore the foreign market," Zhang said.

zhengyangpeng@chinadaily.com.cn

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 99午夜高清在线视频在观看 | 国产精品夜色视频一区二区 | 亚洲图片国产日韩欧美 | 国产成人高清精品免费软件 | 中国美女一级黄色片 | 久99re视频9在线观看 | 欧美亚洲黄色 | 欧美日韩精品一区二区三区高清视频 | 99精彩视频在线观看 | 免费手机黄色网址 | 欧美日韩成人在线视频 | 成人国产精品免费视频不卡 | 亚洲成在人线免费视频 | 国产黄色小视频在线观看 | 国产91精品久久久久久久 | 日韩一级视频在线观看播放 | 九九视频在线观看视频23 | 成人性色生活影片 | 高清午夜看片a福利在线观看琪琪 | 手机福利片 | 一本色道久久综合亚洲精品加 | 亚洲欧美日韩国产精品26u | 92精品国产自产在线 | 在线观看免费黄视频 | 国产网站精品 | 国产在线更新 | 一级片视频免费观看 | 90岁老太婆一级毛片 | 色综合久久综合 | 欧美大片国产在线永久播放 | 久久经典免费视频 | 99国产精品欧美久久久久久影院 | 久热中文字幕在线精品免费 | 99热播 | 亚洲 欧美 视频 | 中文久草| 久久久久久毛片免费播放 | 欧美日韩国产亚洲综合不卡 | 久久永久免费视频 | 午夜性爽爽爽 | 一级特黄aaa大片在线观看 |