Archive for the 'Invest In China' Category
Opening to the Outside World
Utilization of Foreign Funds
By the end of 1997, Shanghai had signed contracts on 20,630 overseas-funded projects with contracted investment totalling 67.113 billion US dollars, of which 33.799 billion US dollars had already been utilized. During the 1991-97 period, the figures were 19,176 projects, 40.856 billion US dollars and 29.421 billion US dollars, respectively. These figures accounted for 93%, 60.9% and 87%, respectively, of the total recorded since the adoption of the reform and opening policy 18 years ago. By the end of 1997, 80 countries and regions around the world had invested in Shanghai.
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Invest In Shanghai
Beijing, the capital of the People’s Republic of China, is the center of the nation’s politics, culture and international exchanges and a modern metropolis full of vitality. The beauty of the city has for hundreds of years attracted numerous people to visit this ancient capital in the East.
History and Relics
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Invest In Beijing
Currently, the service industry plays a more and more important role in economic development, and it is a common trend for world economic development to intensify service industry. Making a review of the history of economic development in various countries, we can see the regular law of industry structure change is that: the share of agriculture in economy decreases continuously, industry share increase rapidly during the industrialization phase, the service industry output ratio is comparatively stable with smooth increase, and stabilizes at a higher level. Meanwhile, labor force flows from agriculture industry to manufacture and service industries, and service industry occupies the largest share of economy.
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Service Industry of China
Since the opening up, China made substantial development in Manufacture industry. The total scale of manufacture industry ranks the fourth in the world now with an extraordinary comparative advantage. Currently, as the backbone industry in Chinese national economy, manufacture industry is the leading industry of our economic growth and the base of economy transition; as the key carrier of economic and social development, manufacture industry is the main channel for rural and urban employment and the centralized embodiment of international competitive force; as the important symbol of comprehensive national force improvement in the past 20 years, the overall development and upgrade of manufacture industry have already primarily established China as the “big manufacture country” in the world, and laid solid foundation for the transition to “strong manufacture country”.
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Manufacturing of China
Mining is a basic industry of the national economy, with 93% of energy, 80% of industrial resources and 70% of the agricultural means of production coming from the this kind of product. The development of the mining industry has supplied plentiful mineral resources to various sectors and has played a sustainable part in developing the national economy.
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Mining
There are four sectors in the agricultural field, including agricultural, forestry, animal husbandry and fishery industries.
Recently, with increasing attention paid to agriculture by Chinese government, industries of agriculture, forestry, stockbreeding and fishery step into rapid development period. Main primary products are increased quickly. Agriculture, forestry, stockbreeding and fishery industries show unprecedented development momentum.
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Status of Farm, Forest, Herd and Fish
China’s absorption of foreign investment is an important content of China’s fundamental principle of opening up to the outside world, and also an important component of Deng Xiaoping Theory, and is one of the great practices of building up socialist economy with Chinese characteristics. The Third Session of the Eleventh Central Committee of the Party in 1978 confirmed over again the ideological line of emancipating the mind and seeking truth from facts, and realized the historical transformation of key work for the entire Party. It also established the basic line of focusing on the central task of economic construction, and made up the great decision of reform and opening up to the outside world. The Law of the People’s Republic of China on Chinese-Foreign Equity Joint Ventures, was promulgated by the National People’s Congress in 1979, then the work of utilizing foreign capital as an important content of opening up to the outside world initiated as China’s fundamental principle. After twenty years of great efforts, the scale of absorbing foreign capital increasingly expanded as well as the level was increasingly upgraded when China’s law and managerial system on foreign investment have been gradually perfected. The achievements won the whole world’s attention, which effectively promoted the continuous, fast and healthy development of national economy.
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China’s Absorption of Foreign Investment
Highway
China is a vast country, and the highway extends in all directions. Highway volume continued to grow. By the end of 2005, the length of highway reached 1.9305 million km, and the road network structure has been further improved. In the length of total national highway, national road was 132,674 km, provincial road was 233,783 km, county road was 494,276 km, rural road was 981,430 km, special road was 88,380 km, accounted for 6.9%, 12.1%, 25.6%, 50.8% and 4.6% of the total roadway length respective.
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Infrastructure Of China
Land Resources
China has 9.6 million square kilometers land area, accounting for 22.1% of the land area of the asian continent, and accounting for 6.4% of the world’s land area, it is one of the countries which have a vast area of land. China’s abundant land resources has two significant geographical features: 1、The share of mountains which have higher elevations and greater volatility (including hill, mountainous and tableland) over the plains (plains and the high plains), as the ratio of two-thirds and one-third; 2、In complex and diverse ecological environment, formed the features of more grassland, limited arable land, low forest percentage and the percentage of land which difficult to use is high. At present, grassland accounts for 37.4% of the total land area of China, farmland accounts for 10.4%, woodland accounts for 12.7%, and the land such as desert, Gobi, high and cold desert, tor, mountain glaciers and permanent snow which are difficult to use accounted for 20.5%. Nevertheless, it still has great potential for further rational use of land resources in China, in addition to the existing lawn, woodland and farmland, it is estimated that there are still about 33 million hectares of uncultivated lands suitable for agriculture, more than 6,000 million hectares of grazing land and more than 9,000 million hectares of barren hills, wasteland and woodland suitable for forest to be developed and utilized.
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Natural Resources of China





