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Monday, June 25, 2001, updated at 13:43(GMT+8)
Business  

Tianjin Takes Measures to Improve Investment Environment

The municipal government of Tianjin is reportedly to adopt four measures to create a better environment for foreign investors, says Mayor Li Shenglin at a meeting on investment environment held lately.

The first is to further standardize collection of administrative fees. Foreign enterprises will be given a handbook on charged items and are entitled to reject fee levying on items not listed. A "one card through" charging system will be introduced and one must show his license issued by price department when collecting fees from foreign enterprises.

The second is to release preferential policies to encourage major infrastructure construction of road, bridge, railway, airport, harbor, track traffic, power and energy by various investing entities and guarantee their legal benefits in all possible ways.

The third is to set up service centers on promotion of foreign trade to provide foreign investors with WTO policy consultation as well as coordinated service on import/export information, marketing, and Logistics. Centers will also be established to help medium and small sized enterprises from Macao, Hong Kong and foreign countries to invest in Tianjin and reduce business risks.

The fourth is to set up a WTO training center for the rise of a working staff to meet WTO requirement, and a WTO consultation center to provide information and suggestion on WTO impact, trade policy, anti-dumping action and competition prediction.



By PD Online Staff Li Heng



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The municipal government of Tianjin is reportedly to adopt four measures to create a better environment for foreign investors, says Mayor Li Shenglin at a meeting on investment environment held lately.

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