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

Outbound investment may hit $2 trillion

By Fu Jing in Brussels (China Daily) Updated: 2012-06-09 10:56

But report calls for caution against protectionism amid economic slowdown

China's outbound foreign direct investment could hit the $2-trillion mark by 2020, with the private sector playing an important role, according to a report by US-based research firm Rhodium Group.

The report said if Europe continues to attract the same share of global FDI as in the previous decade - around 25 percent - then Europe would see $250-500 billion in new Chinese M&As and green-field investment by 2020.

In partnership with China International Capital Co Ltd, Rhodium Group released the report on China's investment in Europe on Thursday in Brussels.

With the huge economic and employment impacts of China's upcoming surge in overseas investment, the authors urged European countries to keep their economies open in order to maximize the benefits of the Chinese inflows.

The report was released amid speculation that the European Union is preparing to resort to protectionist measures against Chinese telecom investors.

The report's author, Daniel Rosen, said that 63 percent of Chinese investment in Europe comes from private companies.

So far, the top five Chinese private investors in Europe are Geely, Huawei, Lenovo, Sany and Wolong Group.

China started to encourage its enterprises to invest overseas a decade ago, but the pace only started to pick up in the past couple of years.

"Europe must not risk losing its hard-earned reputation for openness by imposing additional barriers to capital inflows based on economic security considerations," the report said. "Several cases have already raised that specter."

Europeans will embrace foreign investment if a thorough, EU-wide process to address concerns is in place, guided by the principles of openness and non-discrimination, said the report.

So far, Chinese investment has created 45,000 jobs in the EU.

"Chinese investment in Europe is a very recent phenomenon, and Chinese investors still suffer from a lack of experience and managerial know-how," said Frank Xu, managing director of Investment Banking Department of CICC.

Against this context, the expansion of Chinese investment in Europe is experiencing structural difficulties.

"The predominating and the only advantage of Chinese investors is access to capital," said Xu.

At the report's launch, EU Trade Commissioner Karel De Gucht said the EU is committed to openness in foreign investment.

"At the same time we need to make sure that other countries - including China - increase their openness as well," said De Gucht.

Tan Xuan contributed to this story.

fujing@chinadaily.com.cn

Hot Topics

Editor's Picks
...
迁安市| 松阳县| 蓝山县| 永德县| 普安县| 增城市| 定陶县| 吉水县| 望江县| 交城县| 镇原县| 屏山县| 光泽县| 运城市| 靖州| 元江| 遂宁市| 华容县| 涟水县| 巴楚县| 宝兴县| 万安县| 沙田区| 临湘市| 绍兴市| 岳普湖县| 都江堰市| 常德市| 青冈县| 江达县| 烟台市| 陇西县| 沛县| 剑阁县| 阿尔山市| 皋兰县| 柳河县| 都江堰市| 肇东市| 宁南县| 乌拉特前旗|