US-China Chamber of Commerce to invest 20 billion U.S. dollars in property and other fields

Source: Internet
Author: User
Keywords Chamber of Commerce delegation
At the inauguration ceremony of the Chinese representative office of the U.S.-China International Chamber of Commerce held in Saturday, Wang Zhiwen, president of the U.S.-China International Chamber of Commerce, said that at present the U.S.-China International Chamber of Commerce delegation and Beijing, Tianjin, Hebei, Jiangsu, Jiangxi, Hubei, etc. signed a total amount of more than 20 billion U.S. dollars in investment intentions, investment projects involving real estate, finance and other fields. The investment is also from the United States Hengtong Bank, Citibank, Franklin Investment Fund, Veolia Group, the United States Capital Holdings Group, the United States and other large companies such as eco-steel. The investment delegation before the visit to China is 13.3 billion U.S. dollars, but after the end of the visit to China statistics, the intention investment significantly more than 20 billion U.S. dollars.  According to the Ministry of Commerce in the first five months of data, the U.S. investment in China to set up new companies fell 32.95% year-on-year, the actual amount of foreign investment fell 23.49% Year-on-year. At present, China's stable investment environment and the reduction of investment cost are the key factors contributing to this investment. Mr. Wang Zhiwen, President of the U.S.-China International Chamber of Commerce, told reporters that the Chinese financial system is basically healthy and stable compared with the United States, although it has also been hit by the financial crisis.  Since the onset of the financial crisis, most of the world's economies have been depressed, but the Chinese economy has sustained growth, which is of great appeal to US investors. The U.S.-China International Chamber of Commerce is one of the most representative international chambers of Commerce in the United States, with a total of more than 2,700 members in both China and America, and the total assets of these companies are over $500 billion.
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