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Sunday, May 20, 2001, updated at 16:37(GMT+8) | ||||||||||||||
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Great Changes in Foreign Investment Structure in ChinaA report issued by the on-going New Century Asia-Pacific CEO Forum Sunday says that foreign investment in China has taken changes in structure.The report points out some foreign investment has established shareholding enterprises or issued stocks. The report notes that Chinese government has taken a series of efforts to develop the foreign investment structure, which include encouraging foreign investors participate in the reform of state- owned enterprises, regulating layout of foreign investment by implementing "Developing West" strategy, and encouraging foreign investors join in technology innovation. It also points out that after China's entry into the World Trade Organization (WTO), multinationals wish Chinese government continue to push forward reform, establish and perfect open economic system as well as laws concerned, create favorable market environment, and ensure stable economic situation. The report says that after China's entry into WTO, multinationals will enter into China's market with larger scale.
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