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Governor Vows to Improve Investment Environment
Central China's Hubei Province plans to improve its investment environment and provide all-round services to overseas investors.
This was announced by Zhang Guoguang, the new governor, who took office three months ago, in an exclusive interview with Xinhua Saturday.
The province is working hard to improve or stipulate local laws, policies and regulations which comply with international practice, the governor said.
Hubei is to introduce overseas capital in various forms, including stock, venture capital and merger, so as to let foreign businessmen gain the maximum results at minimum costs and risks, he noted.
The official pledged that the province will further simplify the investment procedures and improve services to overseas investors. Foreigners' legal rights and interests will be protected, he added.
Over the past five years, the province has attracted some five billion US dollars in investment, and in 2000 alone the figure topped 1.1 billion US dollars, according to the governor.
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