Vice Minister of Commerce Wang said mergers and acquisitions will become an important form of foreign investment

Cai Zongqi, vice minister of Commerce, Wang September 9 in the "2010 Enterprise foreign Investment and Risk Management Forum" pointed out that Chinese enterprises to expand foreign investment, mergers and acquisitions will become an important form of foreign investment.　　The overseas mergers and acquisitions of private enterprises will become a new bright spot of Chinese enterprises ' overseas mergers and acquisitions. Wang said that due to the good performance of China's economy in the international financial crisis, many countries pay more attention to investment from China, which makes the space for Chinese enterprises to invest abroad expand and the opportunities of global operation increase further.　　Chinese enterprises should seize the opportunity to extend from low-end to high-end in the International industrial chain Division of labor cultivate independent brand, enhance product design, research and development, marketing and transnational management ability, the investment field gradually from trade, service and small processing mainly, to energy, mineral development, electromechanical product development manufacturing, infrastructure and High-tech industries and other fields. Wang said that since this year, Chinese enterprises in the mining industry, the automotive industry, IT industry, clean technology and other industries have a compelling case of overseas mergers and acquisitions. (Cai Zongqi)