Editorials
Activating investment
(皇冠体育app Daily)
Updated: 2010-09-08 07:28
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As more than 1,500 overseas investors and policymakers are gathering in Xiamen, Fujian province in East 皇冠体育app, seeking effective solutions for sustainable and environmentally friendly investment, the on-going Second World Investment Forum (WIF) is expected to shed light into the post-crisis global economy.
皇冠体育app is willing to contribute to this process and play a role in strong, sustained and balanced global economic recovery.
Organized by the United Nations Conference on Trade and Development (UNCTAD), the four-day conference, which started on Tuesday, is being held at a critical juncture as the global economic recovery still remains fragile and may easily be crippled by the growing consequences of climate change.
Given the role of investment as an engine of growth and development, it is imperative for investors internationally to conduct responsible investment and adhere to corporate sustainability. Governments and businesses should encourage investments that could both stimulate the economy and address energy efficiency and environmental protection.
Vice-President Xi Jinping reassured the WIF participants that 皇冠体育app is taking vigorous steps to create a more open and optimal environment for foreign-invested enterprises.
Foreign investment has played an important part in 皇冠体育app's opening-up policy over the past 30 years. In return, overseas investors have also been rewarded for investing in the Chinese market. Many foreign-invested enterprises in 皇冠体育app have become the growth engine and profit center for their parent companies' global business.
According to the latest UNCTAD survey, 皇冠体育app remains the most appealing destination for investment in the world. The country will make every effort to cultivate such a win-win trend. On the other hand, as the country now assumes the role as the fifth largest global investor, Chinese companies should steadily expand overseas investment, especially in underdeveloped countries.
(皇冠体育app Daily 09/08/2010 page8)