|
BIZCHINA> Top Biz News
![]() |
|
Related
Chinese firms' Q1 foreign investment up fourfold
(Xinhua)
Updated: 2008-05-12 07:42 Chinese companies' foreign direct investment expanded 353 percent in the first quarter compared with the same 2007 period as domestic firms sought out a more open global market. The investment hit $19.34 billion in the first three months, Vice Minister of Commerce Chen Jian said Sunday at a forum. The figure stood at $18.76 billion for the whole last year. China set forth the "going-beyond-the-border" strategy in 1999, encouraging domestic enterprises to invest and do businesses abroad. To support the outbound investment momentum, the government also offered help, including scrapping unnecessary controls on foreign exchange reserves and simplifying administrative procedures. More than 12,000 Chinese companies have established firms in about 172 countries and regions by the end of 2007. Foreign investments rose nearly sevenfold from 2002 to 2007. (For more biz stories, please visit Industries)
|
昌都县| 石棉县| 盐边县| 澄江县| 麻栗坡县| 宜宾市| 红安县| 五河县| 平湖市| 桓仁| 比如县| 东平县| 司法| 浦县| 鄂尔多斯市| 平舆县| 镇江市| 玛曲县| 广饶县| 时尚| 麻城市| 宽城| 五河县| 绥江县| 方山县| 通城县| 渭南市| 汤原县| 揭西县| 疏附县| 蓬莱市| 隆昌县| 密云县| 嘉兴市| 河池市| 库车县| 乌拉特前旗| 甘洛县| 拜城县| 灵寿县| 温州市|