2016年CRI China sees massive foreign investment in first ten months

 

FDI in the services sector¹, which accounts for more than 70 percent of all investment, has increased 9-percent so far this year.

Tang Wenhong, head of the Commerce Ministry's Foreign Investment Division says high-tech² services, in particular, are showing a lot of interest among foreign investors³.

"Among the growth, FDI in high-tech services has skyrocketed 90.2 percent from a year earlier to reach 79.2 billion yuan. Information technology service investment is up 230 percent. Research and development investment is up 45-percent. Foreign money flowing into science and technology is up 60-percent compared to the same period last year. High-tech manufacturing has recorded growth of 92-percent. The medical instrument manufacturing industry has recorded growth of 88 percent."

The same figures show there are now over 600 companies in China with investments worth over 100-million US dollars.

Tang Wenhong says the US and EU are still the biggest investors in China.

"Investments from the United States and European countries continue to grow, which is consistent with the results of the surveys on business confidence we've conducted with the business community from the U.S. and Europe. From Jan. to Oct. of this year, In the first ten months, FDI from the United States has surged 80 percent, while European Union investments are up 42 percent."

Sang Baichuan, professor with University of International Business and Economics, says he believes China will see further growth in FDI, despite some uncertainties⁴.

"China has seen steady FDI growth. The environment for investment is showing positive signs. China has the strength to battling for investments globally. We also have many advantages to attract investment, even when the global investment growth has becomes slow. I predict there will be more growth in foreign direct investment in China in the future during the structural⁵ adjustment of the county."

The Chinese government says it remains⁶ committed to maintaining a level playing field for domestic and foreign companies.

A number of administrative⁷ approvals for foreigners setting up businesses in China have been scrapped⁸ in recent years.

The authorities have also rolled out measures such as the "negative list" approach for investments, which tells businesses which areas they CAN invest in, rather than ones they CAN'T.

Investments not on the "negative list" now only require the filing of a business plan, rather than having to go through a direct review by authorities.

1 sector   

n.部门，部分；防御地段，防区；扇形

参考例句：

• The export sector will aid the economic recovery. 出口产业将促进经济复苏。
• The enemy have attacked the British sector.敌人已进攻英国防区。

2 high-tech   

adj.高科技的

参考例句：

• The economy is in the upswing which makes high-tech services in more demand too.经济在蓬勃发展，这就使对高科技服务的需求量也在加大。
• The quest of a cure for disease with high-tech has never ceased. 人们希望运用高科技治疗疾病的追求从未停止过。

3 investors   

n.投资者，出资者( investor的名词复数 )

参考例句：

• a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
• a cash bonanza for investors 投资者的赚钱机会

4 uncertainties   

无把握( uncertainty的名词复数 )； 不确定； 变化不定； 无把握、不确定的事物

参考例句：

• One of the uncertainties of military duty is that you never know when you might suddenly get posted away. 任军职不稳定的因素之一是你永远不知道什么时候会突然被派往它处。
• Uncertainties affecting peace and development are on the rise. 影响和平与发展的不确定因素在增加。 来自汉英非文学 - 十六大报告

5 structural   

adj.构造的，组织的，建筑（用）的

参考例句：

• The storm caused no structural damage.风暴没有造成建筑结构方面的破坏。
• The North American continent is made up of three great structural entities.北美大陆是由三个构造单元组成的。

6 remains   

n.剩余物，残留物；遗体，遗迹

参考例句：

• He ate the remains of food hungrily.他狼吞虎咽地吃剩余的食物。
• The remains of the meal were fed to the dog.残羹剩饭喂狗了。

7 administrative   

adj.行政的，管理的

参考例句：

• The administrative burden must be lifted from local government.必须解除地方政府的行政负担。
• He regarded all these administrative details as beneath his notice.他认为行政管理上的这些琐事都不值一顾。

8 scrapped   

废弃(scrap的过去式与过去分词)； 打架

参考例句：

• This machine is so old that it will soon have to be scrapped. 这架机器太旧，快报废了。
• It had been thought that passport controls would be scrapped. 人们曾认为会放开护照管制。