USEUROPEAFRICAASIA 中文雙語Fran?ais
    Home / World

    China 'needs say' on investment rules

    By Li Jiabao | China Daily | Updated: 2013-01-12 08:24

    China 'needs say' on investment rules

    Experts: Greater role for nation would help Chinese firms' expansion in global economy

    China should increase its influence on the drafting and establishment of global investment rules to help promote cross-border investment and facilitate further expansion by Chinese companies, experts said on Friday.

    China exceeded the United States to become the world's largest recipient of FDI in the first six months of 2012, the United Nations Conference on Trade and Development, or UNCTAD, said in a report in October.

    Commerce Minister Chen Deming said in late December that FDI flowing to China will reach $110 billion in 2012. Meanwhile, the non-financial ODI of China, the world's fifth-largest nation in terms of outbound investment, will surpass $70 billion in 2012.

    "In view of China's position in global investment, the country should play a bigger role in establishing global investment rules," said Sun Zhenyu, chairman of China Society for World Trade Organization Studies on Friday.

    "China's combined ODI, taking into account financial ODI, surpassed the country's FDI in 2012," said Sun, also China's former ambassador to the WTO.

    Trade and investment protectionism is growing amid the sluggish world economy, but the world "does not have an exclusive mechanism of global investment, as the WTO oversees global trade", he added.

    "In addition to some provisions by the WTO, global investment rules are mainly based on bilateral investment agreements while many obstacles, such as national security, which have no clear definition, can be abused, posing a challenge to global investment."

    UNCTAD's flagship publication, World Investment Report 2012, released in July, predicted that global FDI will grow from $1.6 trillion in 2012 to $1.8 trillion in 2013 and $1.9 trillion in 2014.

    Eddie Chen, vice-president and chief representative in China of Invest Sweden, said China has a "good opportunity" to increase its influence in drafting global investment rules.

    "The next decade of global investment will see more players from emerging economies, with China being the leading one," Chen said.

    Chen said China should join forces with other emerging economies in promoting global investment rules.

    Liu Yanzhou, managing director of Beijing Ring New Venture Capital Management Co Ltd, called for a coordination mechanism to safeguard the participation of small and medium-sized enterprises, the major players in economic innovation, in global investment.

    Sun also called on the Chinese government to improve the investment environment.

    He said that the government should cut red tape, devote more efforts to protecting intellectual property rights and resolve problems concerning national treatment of foreign companies in China.

    "Moreover, more common views should be reached between China and the West on regulating government and corporate behavior," added Sun.

    Wang Zhile, president of Beijing New Century Academy on Transnational Corporations, said that the promotion of global investment rules would not only boost mutual investment but also facilitate Chinese companies tapping into international markets.

    Wang said that the double-digit growth in sales and profits of world's top 500 transnational companies in 2010 and 2011, if continued in the next two years, will lift the sluggish world economy.

    lijiabao@chinadaily.com.cn

    (China Daily 01/12/2013 page10)

    Today's Top News

    Editor's picks

    Most Viewed

    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    久久久无码精品亚洲日韩蜜臀浪潮| 最近完整中文字幕2019电影| 最近2019好看的中文字幕| 无码人妻丰满熟妇区免费 | 国产做无码视频在线观看浪潮| 狠狠精品干练久久久无码中文字幕| 99精品一区二区三区无码吞精| 中文字幕精品无码一区二区三区| 国产成人无码免费看片软件| 亚洲精品无码专区在线在线播放| 最近中文字幕免费完整| 中文字幕无码一区二区免费| 国产办公室秘书无码精品99 | 亚洲爆乳精品无码一区二区三区| 亚洲av中文无码乱人伦在线r▽ | 潮喷失禁大喷水aⅴ无码| 国产成人无码AⅤ片在线观看| 中文字幕成人免费视频| 亚洲Av无码专区国产乱码不卡| 十八禁无码免费网站| 亚洲真人无码永久在线| 亚洲欧美成人久久综合中文网| 无码人妻黑人中文字幕| 亚洲国产精品无码久久一线| 人妻少妇无码精品视频区 | 日韩久久久久中文字幕人妻| 中文亚洲欧美日韩无线码| 亚洲国产精品无码久久青草| 免费 无码 国产在线观看观| 国产拍拍拍无码视频免费| 久久精品无码专区免费东京热| 日韩国产精品无码一区二区三区| 无码日韩人妻精品久久蜜桃| 亚洲AV无码日韩AV无码导航| 亚洲日韩av无码| 无码中文字幕av免费放dvd| 无码中文字幕乱在线观看| 人妻丰满熟妇无码区免费| 国产Av激情久久无码天堂| 国产精品午夜福利在线无码| 国产成人无码a区在线视频|