The hottest new policy in China will allow multina

China's new policy will allow multinational companies to acquire large state-owned enterprises

China will soon announce new foreign investment policies, including allowing multinational companies to acquire large state-owned enterprises, officially allowing foreign-funded projects to carry out project financing, including RMB, and giving the service industry in western provinces and cities the right to examine and approve foreign-funded projects

extruded polystyrene board in the United States contains flame retardant additives. The economic downturn is conducive to China's attraction of foreign investment

according to the statistics of the Ministry of foreign trade and economic cooperation, in the first July of this year, the contract amount (US $40.2 billion) and the actual inflow amount of foreign investment in China surged by nearly 46% and 22% respectively over the same period last year. Liangyanfen, director of the world economic and Trade Research Department of the Ministry of foreign trade and economic cooperation, pointed out that China is about to enter the WTO, and its opening-up commitments in the areas of trade in services are being or will be fulfilled

Liang Yanfen pointed out that the current downturn in the U.S. economy is good for China to attract foreign investment, so the government is considering introducing more policies to encourage foreign investment to stimulate economic growth

the new policies to attract foreign investment include:

1. Multinational companies are allowed to acquire large and medium-sized state-owned enterprises. Except for a few industries related to the lifeline of the national economy, the Chinese party must control Kesheng to share the "simple operation faults and solutions" of the tension machine: shares, foreign investors can be allowed to hold more than 49% of shares in other industries

2. Expand the opening-up of the service trade field in the western region, and give the western service industry the right to examine and approve foreign investment projects

3. Allow foreign-funded projects to carry out project financing, including RMB, and expand the pilot of utilizing foreign capital in the western region in the form of construction operation transfer (BOT)

4. Important tourist cities in the West implement landing visas and encourage the development of border trade

5. Foreign funded retail industry will be expanded to all large and medium-sized cities, and foreign trade will also carry out pilot projects to absorb foreign capital

6. Expand the normal working range of the economic undertaking leading group of investment companies established by multinational companies in China

7. Foreign funded financial institutions are allowed to provide credit guarantees or foreign exchange mortgages by foreign-funded enterprises, and domestic Chinese foreign exchange designated banks are allowed to issue RMB loans to foreign-funded enterprises