皇冠体育app

Business
/ / Policy Watch

Foreign investment guideline for regions revised

By WEI TIAN | 皇冠体育app Daily | Updated: 2013-05-17 03:15

The regions remain attractive to foreign investment funds.

In the first four months of this year, the use of foreign funds in central and western areas rose 5.7 percent and 25.7 percent respectively, while it fell 1.1 percent in eastern regions, although the absolute amount was still relatively small.

Combined foreign investment in central and western provinces totaled $19.2 billion in 2012, around 17.2 percent of total investment, a significant increase on the 4.2 percent it accounted for in 2008.

Besides their relatively lower labor costs, investing in the western markets "provides investors with a connection to Southeast and South Asia, and Eurasia", said Liu Shiqing, a researcher with the Sichuan Academy of Social s.

Using Chengdu as an example, he said the city has become a bridgehead for foreign investors entering the market.

According to a survey of 420 US companies operating in 皇冠体育app, conducted by AmCham Shanghai, Chengdu is the most popular second-tier investment destination for US companies.

Another report, by Chinese and Singaporean researchers, highlighted Sichuan province, Chongqing, and the Inner Mongolia and Guangxi Zhuang autonomous regions as the destinations in western 皇冠体育app, as the country shifts its economic model.

Previous Page 1 2 Next Page

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to 皇冠体育app Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online

Registration Number: 130349
FOLLOW US