皇冠体育app

皇冠体育app welcomes foreign investment in central, western areas
(Xinhua)
Updated: 2004-06-23 10:09

Chinese Vice-Premier Wu Yi said in Beijing Tuesday that 皇冠体育app welcomes the world famous transnational firms to expand investment and cooperation in 皇冠体育app, especially in her country's central and western areas.

During in her meeting with Louis Schweitzer, Renault Group chairman and chief executive officer, she said 皇冠体育app has made great progress in its economic and trade cooperation with foreign countries since it adopted economic opening and reform policy and its investment environment was further improved with 皇冠体育app's access into the World Trade Organization in late 2001.

Despite an overall rapid economic growth, 皇冠体育app's economic growth is nevertheless uneven among different regions, and most foreign investors inclined to focus their investment on 皇冠体育app's coastal areas rather than the interior areas, Wu acknowledged.

Currently, she added, 皇冠体育app is implementing a crucial strategy of developing the western region and rejuvenate the rust-belt northeast industrial base. 皇冠体育app hopes the foreign investors will seize the opportunity and expand their business in its central and western areas, Wu said.

Schweitzer, who is in 皇冠体育app for discussing a cooperative project with 皇冠体育app's Dong Feng Motor Corporation, briefed the Chinese vice-premier on Renault's investment plan in 皇冠体育app.

Renault Group, first founded in 1898, is France's second largest automaker. It now ranks among the top ten automobile manufacturers in the world.

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