China's investment environment not deteriorating

0 Comment(s)Print E-mail Xinhua, March 6, 2012
Adjust font size:

A political advisor on Tuesday refuted commentators' accusations that China's investment conditions are deteriorating, claiming instead that the country's foreign investment is at a relatively high level.

"Some media or commentators think that China's investment environment is deteriorating. With that I cannot agree," said Ma Xiuhong, a member of the National Committee of the Chinese People's Political Consultative Conference (CPPCC).

Ma made the remarks at a press conference on the sidelines of the CPPCC's ongoing annual session.

Ma, who is also a former vice minister of commerce, said China's utilization of foreign investment in 2011 reached a record high of 116 billion U.S. dollars, up 10 percent year-on-year.

"The growth of 10 percent is rather high under the backdrop of low transnational investment globally," Ma said, adding that more than 27,000 foreign companies set up new businesses in China within the year.

By the end of 2011, China's total utilization of foreign investment exceeded 1.177 trillion dollars, with more than 730,000 foreign companies setting up businesses in China to date, according to Ma.

Ma attributed the rise to the continuous improvement of China's investment environment, as well as the country's stable economic growth and rising international competitiveness.

"Foreign investment is playing a more and more important role in the country's economic development," Ma said.

Registered foreign companies in China account for nearly 3 percent of the country's enterprises in number, but their tax revenue accounts for 21 percent of national total, she added.

Ma said, "China should continuously improve the investment environment so as to create a more favorable environment for the development of foreign companies."

Although progress has been made in attracting foreign investment, there are still several challenges that need to be addressed, Ma said.

China used to face competition from developing countries in wooing foreign investment, but the competition is shifting to developed countries such as the United States, as these countries are working to reinvigorate their real economies, Ma said.

Foreign companies in China are facing a changing situation, too.

A series of preferential policies previously offered to foreign companies have been annulled, forcing them to compete with Chinese companies on the same playing field, Ma said.

Foreign companies have also had to cope with the rising costs of labor and land, as well as costs related to environmental protection.

Ma said the government needs to further deepen its reforms and facilitate trade and foreign investment under the new circumstances.

The government should actively guide foreign investment into areas that have been previously ignored to help these areas develop, Ma said.

Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 一区二区三区无码高清视频| 亚洲H在线播放在线观看H| 综合网中文字幕| 国产成人cao在线| 香蕉污视频在线观看| 在线观看你懂得| 一个人看的免费视频www在线高清动漫 | 日韩欧美在线免费观看| 国产精品免费电影| china同性基友gay勾外卖| 成人观看网站a| 久久久久国产精品免费免费搜索| 最近中文字幕网2019| 亚洲国产精品久久网午夜 | chinese精品男同志浪小辉| 性色AV一区二区三区夜夜嗨 | 琪琪色原网站在线观看| 又黄又爽又色又刺激的视频| 色噜噜狠狠色综合中国| 国产午夜不卡在线观看视频666| 国产喷水在线观看| 少妇丰满爆乳被呻吟进入| 中文字幕精品一区二区| 日本久久久久久中文字幕| 久久精品国产亚洲AV蜜臀色欲| 极品一线天馒头lj| 亚洲伊人久久大香线蕉影院| 欧美最猛黑人xxxx| 午夜精品久久久久久毛片| 老板在娇妻的身上耸动| 国产一级在线免费观看| 超碰97人人做人人爱少妇| 国产嗯嗯叫视频| 69堂午夜精品视频在线| 在厨房里被挺进在线观看| 9久9久热精品视频在线观看| 天天干天天干天天| a级毛片免费观看网站| 天天躁日日躁狠狠躁欧美老妇 | 欧美成人全部免费观看1314色| 亚洲精品国产福利一二区|