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 TENTH FIVE-YEAR PLANS AND INDUSTRIES' DEVELOPMENT |
| With the rapid growth of domestic economy in 2007, light industry of China maintained a good momentum of rapid development. A series of measures in macroeconomic control carried out by the government had an obvious regulating effect on the operation of the light industry. When facing the adjustment, light industry successfully dealt with the impact of the unfavorable factors by reacting positively in developing domestic & foreign markets and making efforts in innovation, which ensured a good economic developing situation for light industry. |
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| STATUS OF FOREIGN INVESTMENT |
| From January to November, China¡¯s imports and exports related to light industry products reached value of 259.549 billion USD, accomplishing accumulated trade surplus of 155.734 billion USD, of which accumulated exports of those products broke through 200 billion USD, amounting to 207.641 billion USD, up 19.36% over the past year. The also overtook the whole year accumulated value of the previous year. Accumulated imports were 51.907 billion USD, up 12.49% over the previous year. |
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| COMMITMENTS TO THE WTO AND INTERNATIONAL PRACTICES |
| Currently the proportion of foreign investment in this sector has risen to over 18% and it is expected that the rate of foreign investment in various fields linked with the beer industry is likely to grow in the coming years and competition in this industry is bound to be even sharper. |
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| DEVELOPMENT OF GLOBAL INDUSTRIES |
| We offer indiscriminating treatment to all WTO members, stop the practices of taking in double prices and discriminating treatment for commodities sold in Chinese market and exported abroad. |
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