|Foreign Investor Guidelines on the Drawing Board|
China will create a new administration model and a "negative list" for foreign investors. The government will treat foreign and domestic investors equally in admitting and establishing their investment projects. There also will be a "negative list" telling foreign investors what they cannot do. It will replace an investment guideline catalog that tells them what they should do. Analysts believe the new model will bring about big changes in China's administration system of foreign funds and further improve its investment environment.
Data of the Commerce Ministry show that foreign investment in China totaled $97 billion from January to October, rising by 5.77 percent year-on-year and growing for nine months consecutively. From 2000 to 2010, an aggregate of $261.7 billion had been remitted out of China as net profits of foreign enterprises, which increased by 30 percent annually, topping the 20 percent global average annual growth rate. In return, China would like to steer more foreign capital to such areas as technology, innovation and research.
The opinions expressed do not constitute investment advice and specialist advice should be sought about your specific circumstances.
Published on our website on November 28, 2013