| Foreign investment in actual use tops $570 bln |
| Saturday,April 09,2005 Posted: 02:37 BJT(1837 GMT) |
| By the end of February China has approved the setting up of 510,000 foreign-invested companies with contract foreign investment reaching $1.1 trillion and foreign investment in actual use reaching $570 billion, said Wang Jinzhen, deputy secretary-general of China Council for the Promotion of International Trade (CCPIT), on the sideline of the China International Investment and Financing Forum held Thursday in Xi'an.
According to Wang Jinzhen since the 1990s China has moved into a fast lane in terms of foreign investment attraction. In the three years from 1992 to 1994 China attracted respectively more than $10 billion, $20 billion and $30 billion FDI. In the past 10 years China has been the country that attracts the most foreign investment among developing countries. In 2003 actually introduced foreign investment for the first time surpassed that in the US and became the first investment choice for global multinationals. |
| (Source: English Site of Vancouver) |
 | Global economic growth to slow down to 3.1 percent in 2005: World Bank 2005-04-08 06:50 |
| No indication of coal price drop in 2005 2005-04-08 06:44 |
| China arrests 419 for trademark infringement in five months 2005-04-08 06:41 |
| China's development, global economy mutually beneficial: scholars 2005-04-07 07:33 |
| China is surveying renewable energy resources 2005-04-07 07:19 |
| End of rebate to help cool iron ore prices 2005-04-06 06:53 |
| End of rebate to help cool iron ore prices 2005-04-06 06:53 |
| Steel mills reject BHP's iron ore premium demand 2005-04-06 06:51 |
| Global buyers spending more in China 2005-04-06 06:49 |
| China sees most trade barrier cases in 2004: report 2005-04-02 07:48 |
All articles marked with "Article type: Original" posted on the website of the Ministry of Commerce and its sub-sites are copyrighted by this Website and its sub-sites. Any reproduction or use by any other websites, media or individuals must be attached with a clear indication of "Source: Ministry of Commerce Website".
All articles posted on this website or its sub-sites marked with "Article type: reproduced" or "Article type: translated" and "Article type: redistributed" come from other media, and are provided solely for the user's information, which does not mean this Website or its sub-sites endorse the ideas thereof or assume any legal liability or responsibility for their authenticity. Any other media, websites or individuals must maintain the source of information indication on this Website or its sub-sites when using the information, and shall assume legal liability for the use.
