Text Version
RSS Feeds
Newsletter
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  SERVICES
  -Text Version
  -RSS Feeds
  -Newsletter
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
 -
 -
Shanghai to open new areas to overseas investors, improve services
+ -
08:14, January 13, 2009

Click the "PLAY" button and listen. Do you like the online audio service here?
Good, I like it
Just so so
I don't like it
No interest
 Related News
 More overseas Chinese talents expected to come home as global recession deepens
 Carbon monoxide poisons four in Shanghai
 Economic hubs face tough times
 Shanghai to create 500,000 jobs
 Railway automatic ticket vending machines put into service in Shanghai
 Comment  Tell A Friend
 Print Format  Save Article
Shanghai will open more areas to overseas investors and improve government services to maintain the inflow of overseas funds this year, said a local official Monday.

Sha Hailin, chief of the Shanghai Municipal Commission of Commerce, said the global financial crisis would mean a "comparatively grim" year for the city in terms of luring investment from outside the Chinese mainland.

"If we want to seize opportunities from the challenges, it is necessary for us to give equal emphasis to improving services and opening up," said Sha, who is also deputy secretary-general of the municipal government.

The city opened an online network for overseas investment on Jan. 4 at http://wz.investment.gov.cn/SFI. The site allows investors to track their applications for new ventures or modifications to existing businesses.

The city will focus on development of regional headquarters and the expansion of the service trade this year, Sha said.

He said logistics, commerce and trade, information services, research and development and other high value-added services would be thrown open to overseas investors. He said more overseas investment would be welcomed in strategic industries such as shipbuilding and ocean-based businesses.

Shanghai achieved a record 17 billion U.S. dollars worth of contracted overseas investment in 2008. It achieved a record 10 billion U.S. dollars worth of paid-in overseas investment, 10 percent of the national total.

Source:Xinhua



  Your Message:   Most Commented:
7,000 students register in Iran's Isfahan to fight Israel
Behind scene of "Bush shoes attack"
Message Board
U.S. blame game cannot change facts of financial crisis 
Misuse of force goes against one's own wish

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved

http://english.people.com.cn/90001/90776/90884/6572595.pdf