Many signs that foreign investors continue to be bullish on China's investment environment

Source: Internet
Author: User
Keywords China signs Carrefour China
Tags added continue demand development enterprises environment export higher
Xinhua Guangzhou, April 27, the State Council on the further work to make use of foreign investment in a number of views recently issued, the Chinese government once again stressed the use of foreign investment work, and worked out more detailed measures.  The move is causing concern in global markets.  There are many indications that with the dual effect of market demand and policy guidance, the investment field of foreign-invested enterprises in China is gradually shifting from the export-driven manufacturing industry to the higher value-added modern service industry, and the key investment and development market has shifted from the coastal big cities to the two or three-line cities in China.  For now, as the largest single High-tech manufacturing project introduced by Guangzhou to date, the 8.5-generation thin Film transistor LCD project, jointly built by the Guangzhou Development Zone and the global LCD industry giant Korea LG, is advancing. This is an unusual joint venture-the joint venture is about $4 billion trillion, with a huge amount of registered capital being remitted entirely from domestic cash and agreeing to transfer the latest production technology to China.  Zheng Renzai, chief technology officer of LG Display, said in an interview with Xinhua news agency that this is because "no one LCD company can lose the Chinese market", and Chinese governments at all levels have provided policy support for scientific research cooperation between the two sides. Indeed, while the global financial crisis has slowed the pace of China's introduction of foreign investment, there are indications that China remains one of the world's most promising investment destinations. Carrefour Southern China, the official told reporters, in the global consumer market contraction last year, Carrefour still maintain a year in the 20 more than the opening of the shop at home.
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