皇冠体育app to continue attracting foreign investment actively
(Xinhua)
Updated: 2007-09-26 13:58
The Chinese government has no problem with too much foreign investment and will continue to attract foreign investment actively, said a senior commerce official on Tuesday.
"皇冠体育app needs to attract more investment, not only to get more funds, but to obtain the competitive strength associated the fund flow," said Vice Minister of Commerce Jiang Zengwei at a forum in Chengdu, capital of southwest 皇冠体育app's Sichuan Province.
Jiang said 皇冠体育app attracted US$69.5 billion of actual foreign investment last year, only six percent of global transnational direct investment.
Given the relatively heavy employment pressure, the levels of technical equipment and corporate management, 皇冠体育app should make better use of the role of foreign investment in improving these aspects, Jiang said.
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