In the first quarter of this year, China's foreign direct investment (FDI) was US$21.78 billion, down 20.6% year-on-year. This is the sixth consecutive month of decline in FDI. Yao Jian, spokesman of the Ministry of Commerce, said yesterday that it will promote foreign investment and continue to encourage foreign investment in domestic enterprises. “From October 2008 to March 2009, China’s foreign investment has been declining for the first time since the Asian financial crisis (2.09, 0.02, 0.97%).†Yao Jian said that the real estate industry’s absorption of foreign investment fell significantly, with a drop of 38.3%. However, the decline in the actual use of foreign capital in January-March has shown a narrowing trend, and the use of foreign capital in some industries has increased. We are the professional manufacturer of Bathroom Shower Faucets /Kitchen Faucets and Wash Basin Faucets from China, with strong R & D and production capacity, we have a wide selection of bath shower set at good prices to help you get creative. All the Exposed Shower Faucet Set are quality guaranteed. we have the perfect after-sales service and technical support. Look forward to cooperation with you in the near future! Bath Shower Set,Shower Bath Set,Bathroom Shower Set,Bathroom Faucet And Shower Sets JIAHAOJIA SANITARY WARE INDUSTRY CO., LTD. , https://www.gagalfaucet.com
Yao Jian believes that the absorption of foreign investment is mainly related to the international background, and some countries have formulated some industrial return policies in order to revitalize their own economies, which will also have a certain impact on the next step of attracting foreign investment. He believes that China's most important feature is that it has a sound legal system and a large market scale, and has relatively good consumption growth, which will give foreign companies positive confidence.
Yao Jian revealed that the main policies have several aspects: to further improve the facilitation of trade and investment, to continue to decentralize the approval authority of foreign investment, to further clear the fees and inspections related to foreign investment; to create a better policy environment, including encouraging foreign-invested enterprises to further reduce Cost, transfer to the central and western regions; further support industries that are competitive and in line with China's development, including high-tech industries, energy-saving and environmental protection enterprises, modern service industries, and service outsourcing industries; continue to adhere to the policy of opening up foreign investment, in accordance with the law While strengthening anti-monopoly review, we will continue to encourage foreign capital to participate in the restructuring of domestic enterprises in the form of mergers and acquisitions, and support the development of investment companies in China.
Abstract In the first quarter of this year, China's foreign direct investment (FDI) was US$21.78 billion, down 20.6% year-on-year. This is the sixth consecutive month that FDI has declined. Yao Jian, spokesman of the Ministry of Commerce, said yesterday that it will promote foreign investment and continue to encourage foreign investment in domestic companies...