Latest News:  
Beijing   Overcast/Cloudy    27 / 22 ℃  City Forecast

English>>China Business

Vice Premier encourages companies to move overseas


13:45, August 23, 2012

Chinese Vice Premier Li Keqiang, in a congratulatory letter to an investment summit opened Wednesday in Hong Kong, has urged companies from the Chinese mainland and Hong Kong to join hands in participating in global competition and expanding bigger development space.

"China's opening-up is entering a new phase. It is necessary for us, and we do have the capability, to speed up the pace of the 'go global' strategy," Li said in the letter.

"It is my hope that mainland and Hong Kong companies should seize the new opportunities, brought forward by structural adjustment of the world economy and possible technological and industrial breakthroughs, play out respective virtues and create new cooperation models to join hands in participating in global competition and expanding bigger development space, so as to push ahead cooperation and exchange between the mainland and Hong Kong to a new level," Li said.

The two-day conference, the second China Overseas Investment Summit, is hosted by Hong Kong China Chamber of Commerce.

More than 1,200 government officials, investors, senior company managers and experts from over 40 countries and regions were to take part in the meeting.

Huang Mengfu, vice chairman of the National Committee of the Chinese People's Political Consultative Conference, the country's top advisory body, told the opening ceremony that it is an important period of strategic opportunities from now on for Chinese companies to go global.

News we recommend:
Prices fly for Angry Birds' merchandise Wine imports give Chinese firms a hangover Spirited into the world of e-commerce
E-shopping fuels domestic consumption China's firms bigger but not necessarily better China's beauty industry profits from a makeover
Taxing times for China's tax reformers  Experts divided on yuan’s future [Audio]Soccer in China Part III: The Business Side


Leave your comment0 comments

  1. Name


Selections for you

  1. APF forest detachment conducts military training

  2. Japan's Self-Defense Force holds live-fire military exercise

  3. More new grads opt for State firms

  4. Scenery along the Pearl River, Guangzhou

  5. 24 Of The Hottest Body Paint

  6. How to marry a billionaire

Most Popular


  1. The not so curious case of single women
  2. Editorial: Solution to trade war
  3. 'Made in SE Asia' doesn't doom China
  4. Once warm Sino-Soviet relationship can be revived
  5. Editorial:Corporate competitiveness
  6. WTO membership win-win step for Russia, world
  7. More representative delegates
  8. Do ratings agencies buoy Italy's optimism?
  9. Right move in VAT direction

What's happening in China

Mengniu manager accused of fraudulent labeling

  1. Desperate bid to save Yangtze river pig
  2. Panda Bao Bao dies in Berlin Zoo at 34
  3. 20 stand trial in China in "gutter oil" case
  4. Lawyers want to track transport card deposits
  5. Two typhoons to hit coastal areas

China Features

  1. Classic routes for domestic self-driving tours
  2. Billionaires' marriage-seeking attracts women
  3. Top three nourishing foods in autumn
  4. Experts divided on yuan's future
  5. Unforgettable records of London Olympic Games

PD Online Data

  1. Spring Festival
  2. Chinese ethnic odyssey
  3. Yangge in Shaanxi
  4. Gaoqiao in Northern China
  5. The drum dance in Ansai