China Focus: Beijing accelerates development of service trade, FTZ - Buz & Tech News sina.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sina.com Daily Mail and Mail on Sunday newspapers.
China s diversified outbound direct investment portfolio, especially in sectors like healthcare, scientific research and technical services, will help ease COVID-19 pressures for more countries and regions and revitalize the global economy, experts said on Thursday.
China s diversified outbound direct investment portfolio, especially in sectors like healthcare, scientific research and technical services, will help ease COVID-19 pressures for more countries and regions and revitalize the global economy, experts said on Thursday.
The comments came after the Ministry of Commerce said that China s ODI grew by 11.4 percent on a yearly basis to $43.9 billion during the first four months of the year, while the total contract value of Chinese companies newly-signed overseas projects reached 463.93 billion yuan ($72.74 billion), up 1.2 percent on a yearly basis, during the same period.
In addition to investing in traditional sectors, such as manufacturing, agriculture and infrastructure projects, in overseas markets, China s ODI in scientific research and technical services, transportation, residential services, healthcare and other areas increased during the four-month period, said Gao Feng, a spokesman for the ministry.
MIL-OSI China: China to relax foreign investment rules foreignaffairs.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foreignaffairs.co.nz Daily Mail and Mail on Sunday newspapers.
China to relax foreign investment rules amid further opening up
1 2021-05-27 08:15:56Xinhua
Editor : Li Yan
ECNS App Download Aerial photo taken on April 19, 2017 shows the pilot free trade zone in Wuhan City, capital of central China s Hubei Province. (Xinhua/Xiong Qi)
China will relax rules for foreign investment, increasing its market appeal to global investors and signaling its determination to deepen opening up.
The country s Ministry of Commerce (MOC) has made public its plan for formulating regulations and laws in 2021, putting on agenda the revision of the guideline on foreign strategic investment in Chinese listed firms.
The revision seeks to ease restrictions on foreign strategic investment, and introduce innovative supervision approaches for the sector, the MOC said in a recent online statement.