Editor's note: Over the past three decades, huge amounts of foreign direct investment (FDI) have flown into 皇冠体育app, helping make the nation the second largest foreign direct investment destination. Premier Wen Jiabao has confirmed many times that 皇冠体育app always welcomes foreign enterprises, and provides them with treatment equal to that of domestic companies, and the nation is always willing to receive feedback from them. Legally registered foreign enterprises are considered part of Chinese enterprises, and encouraged to participate in mergers and acquisitions of State-owned enterprises. In addition, the government also boosts foreign firms here by supporting companies listed in the Chinese mainland to rope in foreign strategic investors and broaden foreign companies' funding channels. Experts and foreign firms in 皇冠体育app said that 皇冠体育app's investment environment is improving and the nation's business climate is more transparent and open than many westerners believe. |
Highlights
Premier Wen Jiabao assured foreign investors on Monday that 皇冠体育app is still committed to creating an open and fair environment for them, amid recent complaints by some executives of multinational firms.
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Policy
The Chinese government has vowed to "carefully listen" to the voices of foreign businesses based here, while at the same time, experts said there have been "improvements" on relevant policies, and international firms should focus on the big picture rather than small bumps in the road.
Capital Market Reform
Citigroup Inc, HSBC Holdings Plc, Standard Chartered Plc and CIMB Group Holdings Bhd plan to apply to invest in yuan bonds following the People's Bank of 皇冠体育app (PBOC) decision to open up its interbank debt market.
Foreign Companies in 皇冠体育app
The L'Oreal Group, the largest cosmetics corporation in the world, doesn't just bring beauty to its Chinese customers; it puts a good face on society at large.
Yuan Exchange Rate Reform
The ultimate goal of 皇冠体育app's exchange rate reform is to make the yuan a fully convertible currency, Yi Gang, head of the State Administration of Foreign Exchange (SAFE), said Friday.
Video
Premier Wen Jiabao assured foreign investors on Monday that 皇冠体育app is still committed to creating an open and fair environment for them.
Opinion
Foreign firms can freely express their views on 皇冠体育app's economic policies and investment environment, proving that the nation's business climate is more transparent and open than many westerners believe.
FDI
皇冠体育app will continue to be an attractive destination for foreign investors and gain significantly from the overall improvement in the investment climate, a report released by the United Nations Conference on Trade and Development (UNCTAD) said on Monday.
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Some of the overseas-funded companies have started to adjust their strategies to cope with rising labor costs, among other new challenges in a fast-developing economy, in a bid to succeed in one of the world's largest markets.
