Foreign investment in China is no longer limited to high pollution unconditional priority to foreign investment
"China out of shortage of capital constraints, attracting power has gradually diminished. Foreign if not promptly adjust business strategy, to accept the Government's normal supervision, continue to entertain the 'super-national treatment' link, and certainly no hope." April 22, a well-known multinational companies in China public relations director said in private that, ten days ago the State Department released "further improve the utilization of foreign investment on a number of opinions" (hereinafter referred to article 9) is a landmark document, which means "In the past the kind of unconditional Foreign priority times over. "
Changes in the investment environment
Is a global trend
The introduction of text No. 9, the State Council Development Research Center of Foreign Economic Research Department, said Zhao Jinping, deputy minister, "This is actually the country in the international financial crisis, in order to improve the quality and level of utilizing foreign investment, more attention to foreign investment in the promotion of technological innovation and The role of industrial upgrading in order to achieve change in the mode of economic development, economic structural adjustment and energy saving needs. "
Text specific to 9, from the use of foreign investment objective point of view, mainly with the state industrial claims, encourage foreign investments in the high-end manufacturing, high-tech industries, modern service industry, new energy and energy-saving environmental protection industry. Strictly limit the "two high and one capital" (high pollution, high energy consumption, resource-based) and low surplus production capacity expansion projects on.
National Development and Reform Commission Zhang Yansheng, director of Foreign Economic Research Institute believe that this is the world's energy saving and emission reduction, the general trend of low carbon economy.
School of Economics, Renmin University of China Professor Huang Weiping explained that in a long time to reform and opening up, China has land, labor and capital, the three elements is the least of the capital, "was even larger number of polluting enterprises to introduce China, the interests of the maintenance workers and the lack of sufficient attention to environmental protection. Now, in pursuit of rapid economic development by the turn improve the quality of the case, some of precedent would certainly tighten. "
The same starting line
Improve the market needs
9, another focus of the text is to create a more fair and orderly competition, but used to enjoy some super-national treatment may temporarily not meet the foreign-funded enterprises, of course. Huang Weiping has this response to the European and the U.S. Chamber of Commerce in Beijing, "This is not to restrict who, but the flat roof was more that the removal of super-national treatment is also the hope that in a starting line to compete. This is the perfect market economy initiative . "In his view," the standard for multinational companies, understand their own long-term practice of double standards is impossible. "
Zhang Yansheng further pointed out that in the past on state-owned enterprises in China the average tax is 30%, 20% of private enterprises, and foreign companies on average about 12%, if operating in the same industry if, for state-owned enterprises and private enterprises is not fair.
Zhao Jinping, also said today that China's economic fundamentals has undergone enormous changes in corporate structure has become diversified, fair competition, thus increasing the voice rising, "This is the inevitable development of China's economy."
Whether past or present
China needs foreign investment
Statistics show that in March of this year, total foreign investment in China set up nearly 690,000 enterprises, foreign capital actually used more than one trillion U.S. dollars, China has been ranked first in 17 years. In the global transnational direct investment fell nearly 40% of cases, foreign investment in China in 2009 remained high at 900 billion, down only 2.6%, ranking second in the world.
Zhang Yansheng that investment for China, both past and present, to promote the development of Chinese economy is still very important.
Against this background, China's investment environment for foreign investors complaints, especially those against the views of China's market system is imperfect, but also highly valued. For example, all levels of government and departmental policies and practices lead to unstable market environment unpredictable. Frankly, this issue is not only felt the only foreign, Mainland enterprises, especially private enterprises feel more deeply, has been the impact of China's major obstacle to market economy. In response, Huang Weiping that policy chief who should accept this "complaint" in the arm to eliminate this "complaint."
More specifically, the case also for the automotive sector restrictions on foreign mergers and acquisitions, foreign direct factory in China are not allowed to build cars. Yu-Wen Deng Central Party School scholars pointed out that this is not necessary, "the government to do originally was to protect the weak from shock after the auto industry in the open, but 10 years down the car's results show that the restrictions on joint venture did not play the desired effect. foreign and domestic vehicles in a joint venture enterprises, the still large profit made, and that domestic enterprises want cars have not been the core technology, independent research and development level is not high, less competitive. "
To this end, he made a point of view, China needs foreign capital at any time, "but the need for foreign investment reasons, not the technology, management experience and corporate governance advanced than domestic, this gap with the Chinese-funded enterprises, will eventually shrink and catch up. is very simple, needs foreign capital arrives to knock on the need to promote and activate the domestic foreign competition in the market. "
cnc-machiningparts.com is a promising e-commerce company in China. cnc-machiningparts.com offers a variety of high quality products such as Sheet Metal cabinet Supplier , Sheet Metal Fabrication Supplier china machining parts, and many more. For more information, please visit http://www.cnc-machiningparts.com/ today!
Processing your request, Please wait....
