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By the end of November 2007, accumulated foreign-invested enterprises approved across the country reached 630,000, and the actual utilizing foreign capital amounted to USD747.1b. Nearly 490 Fortune 500 enterprises have set up their branches or offices in China, and in addition, over 1160 multinational companies established R&D centers. Based upon the 2007 Report on Investment in the World issued by the United Nations Trade Development Conference, in 2006, China ranked 5 in the world in absorbing foreign direct investment and took the first place among developing countries, thus being rated as the most appealing host throughout the world as well as the prime country for R&D continuously. |
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2007 Foreign Investment Statistics |
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Online Talk on Foreign-capital Utilization of China, with Mr. Li Zhiqun, General Director of Foreign Investment Department of MOFCOM |
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Basic Status and Feature of Foreign Capital Utilization of China in 2007
Chinese absorption of foreign capital kept growing and maintained a good status of optimized structure and higher quality in 2007. In the first 11 months, 34,000 foreign-invested enterprises were set up, dropped by 7% year-on-year; actual utilized foreign capital amounted to USD61.7b, up by 14%. It appeared the following features: 1. Manufacturing industry absorbed less foreign capital. 2. Fast growth.…… { more } |
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Main Tasks of Department of Foreign Investment Administration in 2007
Given the overall requirement on “improving quality and standard of utilized foreign capital”, its prioritized tasks are as follows: 1. Enhance investigation…… { more } |
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New Adjustment of Foreign Capital Utilization Policy in 2007
The adjustment of income tax should be the largest one of foreign capital utilization policy in2007. The new Law on Enterprise Income Tax and the related implementation regulation officially took…… { more } |
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Features of New Foreign Investment Industrial Guidance Catalogue of 2007
The new Catalogue reflects the following features: 1. Further expand areas for opening up. The amended Catalogue has 351 terms on encouragement, 94 more than the original catalogue and therefore, raised the proportion from 69% to 73%; 87 terms are on restriction, accounting for 18% from 21% originally; .……{ more } |
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New Measures on Opening Up
Since 2007,China has continued to expand opening areas in service industry by releasing Regulation on The Administration of Foreign-funded Banks to further enlarge opening financial areas, revising Regulation on Sino-foreign Cooperation in the Exploitation of Continental Petroleum Resources to permit other enterprises with authorization of the State Council to engage in foreign cooperation on coal bed exploration, ……{ more } |
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2008 Perspectives |
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Wu Yi: China’s Policy on Utilization of Foreign Capital Won’t Change
Wu Yi, vice premier of the State Council, expressed in the 18th Sino-US Joint Commission on …… { more } |
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China’s Utilization of Foreign Capital Enters a New Phase
In the National Business Work Conferen-ce, one of eight tasks on business this year is to improve the …… { more } |
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Chen Deming’s Opinion on Adjustmen-ts of Policies on Foreign Capital: Overseas Investors Still Keep Positive View on Chinese Economy……{ more } |
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Laws of Foreign Investment |
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Review of Investment Seminars in 2007 |
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Matchmaking and Integratation Conference of Chinese Private Capital and International Capital.bmp |
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Vice Premier Wu Yi Toured Around Exhibition Hall of the Expo Central ChinaExpo Central China Website |
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Remark by Mr. Li Zhiqun, General Director of Foreign Investment Department of MOFCOM |
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Welcoming Remark by Mr. Liu Yajun, General Director of Investment Promotion Agency of MOFCOM |
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A Successful Deal
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CIFIT walking into a new ten-year
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Keynote Speech by Ms. Wu Yi on the 2007 International Investment Forum |
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Formal Opening of the Exhibition Hall of the First Central China Investment and Trade Expo |
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