Seven advantages to attract foreign investment
This year, China's economic fundamentals and growth rate remained stable trend.
With the implementation of the "12th Five-Year" plan and stimulation for growth of domestic demand and other policies, it supplies more chances for foreign investment.
In terms of policy, technology, labor cost, industrial supporting system etc, China is still attractive to foreign investment.
Bai Ming who is the deputy director of the international market research department of the Ministry of Commerce, he said that
1.Chinese labor cost is not too high now, although improved, but also enhance the labor productivity.
2.There is a very huge market in China, and it is unmatched in any countries else.That offers many chances for foreign investors.
3.China has industrial agglomeration advantages, the investors can make the enterprise bigger, then the surrounding enterprises will grow, the cost will reduce. Strong competitiveness will be reflected.
4.China has a relatively complete manufacturing system, can make up each project resource allocation.
5.Chinese economy is stable.Although the economic growth rate has been reduced, but in the long future China will be in the world's leading position.
6.With China's development, in the future, emerging industries can get more opportunities for the international high-tech industries docking.
7.From the reform and opening up, Chinese policy of utilizing foreign investment has remained unchanged.Now what we want to emphasize is how to better use of foreign capital and how to better allocate resources in the global perspective.
During "12th Five-Year" period, China will further accelerate the industrialization, informatization, urbanization, it will provide more development opportunities for foreign investors. At the end of last year, the Ministry of Commerce revised and issued a new catalogue named "guidance of foreign investment industries".
The purpose is to offer a safe china investment and encourage foreign investors to focus on high-end manufacturing, modern services,energy saving, environmental protection, new generation information technology, new materials, new energy sources and encourage foreign investment in central and western regions.
The promulgation of this series of measures will enable China to attract foreign investments in china more efficient and targeted and will promote the optimization and upgrading of industrial structure and the transformation of economic development mode.
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