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|Sunday, September 10, 2000, updated at 00:19(GMT+8)|
State Councilor, Foreign Businessmen Discuss Investment in ChinaChina will make greater efforts in absorbing funds from multinational corporations, and creating favorable conditions for them to set up regional centers, and scientific research and development centers in the country.
State Councilor Wu Yi made the remarks in Xiamen on Friday during a discussion with foreign business people and representatives from foreign economic organizations on the establishment of investment companies in China.
Wu said multinational corporations are the main source from which China can obtain funds, technologies and experience.
Wu asked concerned departments in China to create a favorable investment environment for foreign investment companies in terms of investment, finance, foreign exchange, taxation and services.
She also expressed the hope that foreign investment companies will make full use of the advantages of the multinational corporations, support China's technical development, its reform of state enterprises, development of western regions and personnel training, and actively participate in cooperation with China.
She also spoke highly of the comments and opinions put forward by foreign businessmen present at the discussion on China's policies on introducing foreign funds and its investment environment.
A total of 182 foreign investment companies, with a combined registered capital of 8.5 billion U.S. dollars, have been set up in China since they first went into trial operation in 1991.
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