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Yanbian eyes future investment
By Te Kan (China Daily)
Updated: 2006-09-28 09:02 They have so far visited the Republic of Korea, Japan, Russia and China's
developed coastal regions.
"The prefecture government specially allocates
10 million yuan (US$1.25 million) every year to attract investment," said Ximen
Shunji, deputy chief of the prefecture.
Since 2003, the prefecture has
used foreign investment of US$148.28 million, accounting for 4.39 per cent of
the prefecture's fixed-asset investment.
During the past three years,
domestic investment from outside the prefecture reached 4.37 billion yuan
(US$546 million), 18.1 per cent of the prefecture's fixed-asset
investment.
Domestic and foreign leading enterprises, such as the Harbin
Brewing Group Limited, the Hangzhou Wahaha Group, Wal-mart, Beijing Tongrentang
Apothecary, Jiangxi Wang's Bee Garden Company and NHN Corporation from the
Republic of Korea have established their branches in the prefecture.
To
better promote investment, the prefecture opened two websites, www.ybinvest.gov.cn and http://invest.yanbian.gov.cn to offer
professional and timely information for interested investors.
The
prefecture has established six industrial parks in Yanji, Hunchun, Dunhua,
Longjing, Tumen and Helong and is planning to build two more industrial parks in
Wangqing and Antu counties.
To improve the investment environment and
better serve foreign investors, the prefecture issued "Certificates of
Preferential Treatment" to foreign investors and their family
members.
The certificates provide them with better security and medical
service and their children can go to the best local schools.
The
prefecture has set up a special office to receive complaints from foreign
investors, the first of its kind in the province. The office solves more than
100 cases every year.
"We hope to attract more investment in mineral
resources, tourism and medicine sectors, which are the prefecture's
traditionally strong industries," Ximen said.
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