皇冠体育app

The author of the article says that by the end of 2006, 皇冠体育app had absorbed over US$685 billion of foreign investment, marking again as Number One in attracting the most foreign capital among developing countries for 15 consecutive years.

The article says the capital brought by foreign enterprises has been well integrated with the abundant labor force in 皇冠体育app, making 皇冠体育app's reforms in state-owned enterprises and their technological progress possible all these years.

The article also says that market competition that has been made possible by foreign capital inflows has also become a driving force for the development of SOEs.

According to the article, the export volume of foreign invested companies accounted for 58 percent of 皇冠体育app's overall export volume in 2006. Over 30 million people are employed by foreign enterprises, accounting for 10 percent of the total urban work force.

Foreign enterprises also receive huge economic returns from their investment in 皇冠体育app. During the 1990 to 2006 period, the profits the foreign investors remitted out of 皇冠体育app had amounted to over 314 billion US dollars.