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: a黄视频 | 蕾丝视频永久在线入口香蕉 | 亚洲视频一区二区在线观看 | 毛片a级三毛片免费播放 | 91九色国产porny | 美国a毛片| 国产精品久久大陆 | 欧美三级一区二区三区 | 亚洲免费专区 | 精品视频国产狼人视频 | 精品久久久久久综合日本 | 欧美a在线 | 伊人久久免费 | 在线国产日韩 | 亚洲日本高清影院毛片 | 欧美aaaaa一级毛片在线 | 好吊色综合网天天高清 | 视频一区二区在线 | 欧美一级毛片欧美大尺度一级毛片 | 一区二区三区视频 | 一级毛片无毒不卡直接观看 | 欧美一级毛片黄 | 在线播放 亚洲 | 久久网站免费 | 日产一区两区三区四区 | 色一欲一性一乱一区二区三区 | 国产精品专区第二 | 国产永久在线视频 | 成年人在线免费观看视频网站 | 久久久欧美综合久久久久 | 国产高清在线看 | 免费久草视频 | 久久亚洲精品中文字幕二区 | 日韩毛片欧美一级a网站 | a毛片免费 | 日韩影院久久 | 男人免费看片 | 亚洲bt欧美bt国产bt | 萌白酱白丝护士服喷水铁牛tv | 午夜精品久久久久久99热7777 | 久久免费香蕉视频 |