Foreign capital in China

Tuesday, 23 September 2003 14:51:35 (GMT+3)   |  

Foreign capital in China

Chinese Ministry of Commerce (MOC) made a statement that China will not abrogate the acceptable policies toward foreign capital due to the its entry into the World Trade Organization (WTO). The officials stated that China will abolish the existing policy of discrimination against foreign invested enterprises. Also, in the long term the policy toward foreign financed enterprises and local enterprises will be on a similar footing, according to MOC. Currently, Chinese government has add some acceptable policies to encourage foreign investors in order to increase their investments in China.

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