The wholly foreign-owned enterprise, will guide the domestic market
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China's vice minister of commerce on July 2, jian, said the ministry of commerce will jointly with relevant departments, positive study foreign-funded enterprises in the relevant policies and guide listed enterprises with foreign investment in high timely fordomestic listing.
He held in Beijing in the 13th China international fair for investment and trade press conference, the ministry of commerce is jointly with the relevant departments to research and develop foreign policy measures stable.
In 17 years of continuous absorption of foreign capital becomes the most developing countries, China's ability to attract foreign investment in 2009 challenged. Since 1998, China's first appeared in the absorption of foreign capital actual use of foreign direct investment, contract amount, a new batch of foreign-funded enterprise three indexes comprehensively.
1-5 months in 2009, China's actual use of foreign direct investment 340.5 billion, down 20.4 per cent, A new batch of foreign-funded enterprise 7890 home, 33.8% year-on-year drop.
In this case, the requirements listed wholly foreign-owned enterprises improve gradually improve calls.
March, the state council issued the on promoting the development of modern service industry and Shanghai accelerating cash manufacturing, construction of international financial centre of international shipping center, which specifically, will meet the conditions of the overseas enterprise started issuing RMB stock.
5 months, the Chinese government in Sino-British economic dialogue, will be in accordance with the commitment i.an prudent supervision principle, allow qualified foreign company through the issuance of stocks or depositary form in Chinese listed on the stock exchange.
Meanwhile, the Shanghai stock exchange, the international board construction speed to promote foreign enterprises listed and the red-chip shares enterprises.
In the related measures issued before the red-chip enterprise and abroad such as the cayman registered company registered in China, only by a holding company, holds the overseas company shares in listed again, the way of operation.
The Chinese government hopes to stability, through a series of measures to attract foreign investors and. In the months before, the ministry of commerce on foreign enterprises down many times, make examination and approval authority and the foreign-capital enterprise registration changes more convenient.
Jian said, in addition to foreign-funded enterprises outside the territory, the ministry of commerce will also listed further optimize industry structure and regional foreign investment structure, key support structure adjustment and expand employment, regional development and energy-saving environmental aspects of foreign investment, improve and strengthen the service.
"In the first half of the number of the absorption of foreign capital, but this decline in global FDI amount is in decline from the premise, China. Currently in global FDI (have) proportion, China is still the best choice of foreign. Chen was quoted as saying.
Despite attracting foreign investment is troubled, meanwhile, Chinese enterprises overseas acquisitions enthusiasm keeps on rising. Jian said first-quarter non-financial category foreign direct investment to 37 billion us dollars, and a number of major projects in the implementation under negotiation.
Jian and said, the ministry of commerce will continue to perfect regulating foreign investment management mechanism, Actively, jointly with relevant departments in taxation, finance insurance, and foreign exchange and perfect the policy, etc, lead more conditional enterprises to go out.
The establishment in China, 1-6 months, but still import year-on-year drop slowed, a portion of the goods under increased slightly.
The customs after data shows that this year, China is 1-5 month total import and export of 24.7% year-on-year drop down 21.8%, import, accumulative total trade surplus decline 28% 887.9 billion dollars, than last year the corresponding period increased 15.57%.
- The wholly foreign-owned enterprise, will guide the domestic market
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