国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Economy

Extra effort needed on China-US investment

By Zheng Yangpeng (China Daily) Updated: 2012-07-20 09:21

Restricted market access and an insufficiently transparent regulatory environment are impeding Chinese investment in the United States as well as US investment in China, and the investment issue will be a major item in future bilateral economic dialogue, a senior economist said at the conclusion of the third US-China Investment Cooperation Forum on Thursday.

"Market access restrictions, a regulatory environment that is not transparent and stable enough, and unfair treatment during enforcement: these factors exist both in the US and Chinese markets," said Wei Jianguo, secretary-general of the China Center for International Economic Exchanges.

The US-China Investment Cooperation Forum is co-hosted by the CCIEE, a think tank under the National Development and Reform Commission, and the US Chamber of Commerce.

This year's meeting involved more than 300 government officials, entrepreneurs and scholars from both sides.

Wei said both sides recognize the relatively slow growth and small size of mutual investment.

The US is the fourth-largest source of foreign direct investment in China. Total investment in China from US companies stood at $70 billion at the end of 2011. But China, though it is the second-largest trading partner of the US, remains a relatively small investor in the country.

By the end of 2011, China's total investment in the US was less than $10 billion.

Extra effort needed on China-US investment

At the forum, US political and business leaders' eagerness for Chinese investment was keenly felt.

Myron Brilliant, senior vice-president for International Affairs at the US Chamber of Commerce, said one of its "major missions" at the forum was to show that the US is open to Chinese investment.

Brilliant said the vast majority of Chinese investment in the US does not trigger national security or political concerns. There is some in the high-tech industry, but the "overwhelming" proportion of Chinese investment in the US does not lead to national security concerns, he said.

Wei said Chinese companies are aware of the huge potential of investing in the US. But the major concern they expressed during the forum was the lack of transparency during the review process for foreign mergers and acquisitions.

"They are eager for clear information, for example, regarding which areas are restricted and which areas are not," Wei said.

"We should learn about the US cultural and legal framework, which is different from ours. We should invest in the real economy which can bring job opportunities and tax revenue to them," said COSCO Group President Wei Jiafu.

"Another issue is keeping in contact with labor unions."

zhengyangpeng@chinadaily.com.cn

Hot Topics

Editor's Picks
...
滦平县| 南乐县| 卫辉市| 冷水江市| 阳西县| 博爱县| 兴化市| 扎兰屯市| 洛浦县| 阿坝县| 繁昌县| SHOW| 连州市| 建湖县| 日喀则市| 德保县| 同江市| 尼木县| 萍乡市| 白河县| 滕州市| 吉木萨尔县| 尼玛县| 公主岭市| 马尔康县| 安溪县| 金川县| 汾西县| 洛宁县| 曲水县| 曲沃县| 京山县| 改则县| 历史| 会昌县| 宜宾县| 临西县| 宜兴市| 南丹县| 都兰县| 阳原县|