--- SEARCH ---
WEATHER
CHINA
INTERNATIONAL
BUSINESS
CULTURE
GOVERNMENT
SCI-TECH
ENVIRONMENT
LIFE
PEOPLE
TRAVEL
WEEKLY REVIEW
Learning Chinese
Learn to Cook Chinese Dishes
Exchange Rates


Hot Links
China Development Gateway
Chinese Embassies


FDI in Chinese Mainland to Hit US$60 Billion
Although severe acute respiratory syndrome (SARS) could cause the delay of an expected US$1 billion in China's total foreign investment in the second quarter, the foreign direct investment (FDI) figure for the year is still likely to hit US$60 billion, Chinese experts say.

But they warn if SARS is still out of control in the third or even fourth quarter, the delayed foreign capital may not come and the epidemic will threaten another US$5 billion of FDI in the second half of the year.

Many international corporations have put off or cancelled business travel and conferences in China since the outbreak of SARS.

Some foreign investors will delay their investment plans in China due to fears over the disease and this may slow down the growth of FDI in the second quarter, said Jin Bosheng, a senior researcher with the Chinese Academy of International Trade and Economic Co-operation.

FDI is expected to decrease by US$1 billion in the second quarter due to SARS, according to Gao Huiqing, an expert with the State Information Center.

Zheng Xingjuan, chief economist of JP Morgan Chase's China division, said China's contracted FDI will probably be delayed due to concerns over SARS, but she expects actual FDI will continue as usual because such short-term factors will not change firms' profitability.

Actual foreign capital inflow will not be conspicuously influenced by SARS and imports associated with it will continue to grow robustly, she said.

But Zhang Hanlin, a professor with the Beijing-based University of International Business and Economics, said concerns over SARS could dwarf China's FDI by between US$5 billion and US$6 billion this year.

Gao agreed, saying another US$5 billion in FDI may not come China's way in the second half of the year due to the disease.

But he said hopefully SARS would be brought under control in three months, so the risk would not materialize and the delayed FDI in the second quarter could be compensated.

Jin also said he is confident the epidemic will be controlled in two or three months and after that, China's FDI will rapidly increase in the second half of the year to compensate for the second quarter shortfall.

He expects the FDI to reach over US$60 billion this year on the back of strong growth in the first quarter and last year's large quantity of contracted FDI.

Justin Yifu Lin, an economist with Peking University's China Center for Economic Research, said when making investment plans, multinational corporations take into consideration long-term factors including market capacity, labor costs and the business environment. They are unlikely to cancel their plans because of SARS.

China's actual use of FDI surpassed the United States for the first time last year and become the world's largest.

It rose 12.51 per cent to US$52.74 billion, according to the Ministry of Commerce.

Contracted FDI increased 19.62 per cent to US$82.77 billion, boosted by low manufacturing costs, a huge potential market, China's World Trade Organization membership and rapid economic growth at home.

Actual FDI in China hit US$13.09 billion in the first quarter of this year, up 56.7 per cent from a year earlier, according to the Ministry of Commerce.

Contracted foreign investment, an indicator of future trends, rose 59.6 per cent year-on-year in January to March to US$22.98 billion, the ministry said.

(China Daily May 12, 2003)


Increased Influx of Foreign Capital Reported in Beijing
FDI Registers Strong Growth in First Quarter
Shanghai Reports Huge Influx of Overseas Investment
Leading US Insurance Company Helps China Attract FDI
Print This Page
|
Email This Page
About Us SiteMap Feedback
Copyright © China Internet Information Center. All Rights Reserved
E-mail: webmaster@china.org.cn Tel: 86-10-68326688
主站蜘蛛池模板: 亚洲AV无码一区二区三区在线| 免费看美女被靠到爽的视频| www五月婷婷| 壮汉紫黑粗大好深用力| 一级做a爰片久久毛片| 日本三级韩国三级美三级91| 亚洲av日韩av无码av| 欧美特黄特色aaa大片免费看| 人妻在线无码一区二区三区| 精品国产呦系列在线看| 四虎免费影院4hu永久免费| 被男按摩师添的好爽在线直播| 日韩一卡二卡三卡四卡| 亚洲国产成人精品无码区在线秒播| 美村妇真湿夹得我好爽| 国产原创精品视频| 91手机在线视频| 国产精品h在线观看| 777奇米四色| 国内精品国产成人国产三级 | 日本熟妇乱人伦XXXX| 久别的草原电视剧免费观看| 欧美zoozzooz性欧美| 午夜时刻免费实验区观看| 色噜噜狠狠一区二区三区| 国产乱子伦一区二区三区| **aaaaa毛片免费同男同女| 国产超碰人人模人人爽人人添| CHINESE中国精品自拍| 日本一区二区视频| 久久精品一区二区三区日韩| 最近免费中文字幕完整7| 亚洲一区二区视频在线观看| 欧美又大粗又爽又黄大片视频| 亚洲成人高清在线观看| 欧美日韩国产精品| 亚洲成a人片在线观看www| 欧美日韩国产码高清综合人成| 亚洲日韩中文字幕在线播放| 欧美成人免费一区二区| 伊人色综合网一区二区三区|