Changchun Economic and Technological Development Zone aims to attract US$250 million in actual use of foreign funds this year, 23.8 per cent higher than last year.
To this end, the zone is sparing no efforts to improve its investment environment, said Yu Deman, director of the zone's Management Committee.
More funds will be put into infrastructure, while managerial staff are urged to improve service to investors.
Fifteen service teams consisting of experienced specialists have been set up to follow important projects in the zone to ensure their smooth development.
"We are actively renovating our management and services to meet new challenges following China's entry into the World Trade Organization," Yu said. "We are concentrating on efficiency."
Foreign and domestic intermediate institutes will be invited to become agents of the zone in introducing foreign investors.
And some enterprises will be recommended to go public overseas, he said, declining to elaborate.
Big-name foreign companies will be targeted in the zone's move to solicit investors.
Last year, four companies among the Fortune 500 list set up footholds in the zone, bringing the total number of such investors to 10.
(China Daily March 14, 2002)
