Foreign investors optimistic about China's investment environment policy entering the upgrade period

Xinhua Guangzhou, April 27: Foreign capital use policy into the "upgrade period" more signs that foreign investors continue to optimistic about China's investment environment reporter Wang Yu in response to the "post-crisis era" process, the Chinese government once again stressed the need to further improve the use of foreign capital work, and to formulate more detailed measures.　　The move is causing concern in global markets. Just in the middle of this month, the State Council on the further use of foreign investment in the work of a number of views issued formally. In the 107th session of the Canton Fair, Commerce Minister Chen Deming told Xinhua News agency reporter, said: "These policies show that China in the ' post-crisis era ' will further open up the market, especially those with high technical content and independent innovation ability of foreign-funded enterprises.　　"There are many indications that with the dual effects of market demand and policy guidance, the investment field of foreign-invested enterprises in China is gradually shifting from export-driven manufacturing to High-value-added modern services, and the key investment and development market has shifted from a large coastal city to a two or three-tier China city that has not yet saturated.　　Against the financial crisis foreign investors continue to bullish on the Chinese market now, as the Guangzhou introduced to date the largest single High-tech manufacturing projects, by the Guangzhou Development Zone and the global LCD industry giant South Korea LG Co., a joint venture to build 8.5-generation thin film transistor liquid crystal display project is pushing ahead. 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. At the opening of the 107th session of the Canton Fair on April 15 this year, many of the participating importers also expressed the same wish. Sales Manager of Taiwan Hualong Co., Ltd. said the company, which engages in DV manufacturing, hopes to increase its investment in the mainland, said Lin, a manager of the Hong Kong Branch Industry Limited, in the current complex economic environment, China's mainland market good industrial chain matching,　　Perfect infrastructure and other conditions still have a strong appeal to foreign-funded enterprises, especially those in Hong Kong. "In the past, many Hong Kong-funded enterprises have concentrated on the development of labor-intensive industries, and after the promulgation of a new round of foreign investment policy, more Hong Kong-funded enterprises are expected to accelerate the pace of transformation." "Lin said.