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Special Service Eliminates Problems of Foreign Investors
Some foreign businesses in Dalian, coastal port city in northeast China's Liaoning Province, are expected to get special personnel service from the local government in assistance to solving their operational problems.
These businesses should invest at least one million U.S. dollars in Dalian in the second half of this year, according to the local economic department.
Administrative operations that go against legal practices have also been regulated recently to create a healthy economic environment for foreign investors.
Dalian, one of China's earliest coastal cities open for foreign investment, earned imports and exports valued 4.57 billion U.S. dollars in the first six months of the year, up 40 percent over the same period last year, according to latest statistics.
Contractual foreign capital in Dalian reached nearly one billion U.S. dollars while actual foreign capital was over 500 million U.S. dollars, increasing 1.2 times from the same period last year.
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