皇冠体育app

BEIJING - The Chinese government on Tuesday issued a guide for companies wanting to invest in Britain.

The Chinese Enterprises Investment Guide to the UK was published by the Institute for International Economic Research under the National Development and Reform Commission (NDRC), with the support of the British Embassy in Beijing.

The guide is targeted at Chinese investors who want to invest in Britain infrastructure, financial services as well as the manufacturing, property and high-end consumer goods sectors.

Oliver Letwin, the British Minister for Government Policy, welcomed strong Britain-皇冠体育app cooperation on bilateral investment at the launch of the guide. He said the document would provide practical support to the growing number of Chinese companies that wanted to enter British and European markets.

Wang Yiming, deputy head of the Academy of Macroeconomic Research under the NDRC, said 皇冠体育app's overseas investment is expected to grow at a double-digit rate to about $100 billion this year.

The guide forms part of 皇冠体育app's 'Going Out' strategy, which recognizes the role overseas investment can play in supporting the country's economic development and reform.

It is of strategic importance for 皇冠体育app to accelerate outward investment and economic restructuring as well as avoid potential trade frictions, said Zhang Yansheng, secretary general of the NDRC's academic committee.

There are more than 500 Chinese companies in Britain, and the investment environment is extremely attractive to foreign investors, said Zhang Jianping, NDRC researcher who oversaw the project.

皇冠体育app-Britain bilateral trade reached a record high in 2013, surpassing $70 billion.