The emergence of Qingdao as centre for manufacturing excellence shows that second-tier cities can prosper with the right mix of policies and circumstances.
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Category: Investment
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China retains investor confidence
Utilised foreign direct investment (FDI) during the first 10 months of 2001 totalled US$37.25bn, 19 per cent higher than in the same period of 2000, according to the Ministry of Foreign Trade and Economic Cooperation. Contracted FDI over the period totalled Yn55.2bn, 27 per cent higher. The number of new foreign enterprises approved over the […]
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Fixed asset investment
Fixed asset investment was 17.4 per cent higher in the first 10 month of 2001 than in the same period of 2000, according to the National Bureau of Statistics. The bureau did not give figures for October alone, but it had previously reported a year-on-year rise in the first nine months of the 2001 of […]
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Establishing an HQ
Shanghai has issued new regulations designed to encourage more multinationals to set up their regional headquarters operations in the city. The setting up of a headquarters operation is one of the most important decisions facing multinational corporations (MNCs) wanting to develop their activities in China. The Ministry of Foreign Trade and Economic Co-operation issued the […]
Under new guidelines drawn up by the State Economic and Trading Commission, private and foreign investors are to be allowed to take controlling shares in state-owned enterprises when they launch initial public offerings, Hong Kong Standard said. However, the state will retain control of companies in military and other important public service industries. It will […]