综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Economy

Outbound investment may hit $2 trillion

By Fu Jing in Brussels (China Daily) Updated: 2012-06-09 10:56

But report calls for caution against protectionism amid economic slowdown

China's outbound foreign direct investment could hit the $2-trillion mark by 2020, with the private sector playing an important role, according to a report by US-based research firm Rhodium Group.

The report said if Europe continues to attract the same share of global FDI as in the previous decade - around 25 percent - then Europe would see $250-500 billion in new Chinese M&As and green-field investment by 2020.

In partnership with China International Capital Co Ltd, Rhodium Group released the report on China's investment in Europe on Thursday in Brussels.

With the huge economic and employment impacts of China's upcoming surge in overseas investment, the authors urged European countries to keep their economies open in order to maximize the benefits of the Chinese inflows.

The report was released amid speculation that the European Union is preparing to resort to protectionist measures against Chinese telecom investors.

The report's author, Daniel Rosen, said that 63 percent of Chinese investment in Europe comes from private companies.

So far, the top five Chinese private investors in Europe are Geely, Huawei, Lenovo, Sany and Wolong Group.

China started to encourage its enterprises to invest overseas a decade ago, but the pace only started to pick up in the past couple of years.

"Europe must not risk losing its hard-earned reputation for openness by imposing additional barriers to capital inflows based on economic security considerations," the report said. "Several cases have already raised that specter."

Europeans will embrace foreign investment if a thorough, EU-wide process to address concerns is in place, guided by the principles of openness and non-discrimination, said the report.

So far, Chinese investment has created 45,000 jobs in the EU.

"Chinese investment in Europe is a very recent phenomenon, and Chinese investors still suffer from a lack of experience and managerial know-how," said Frank Xu, managing director of Investment Banking Department of CICC.

Against this context, the expansion of Chinese investment in Europe is experiencing structural difficulties.

"The predominating and the only advantage of Chinese investors is access to capital," said Xu.

At the report's launch, EU Trade Commissioner Karel De Gucht said the EU is committed to openness in foreign investment.

"At the same time we need to make sure that other countries - including China - increase their openness as well," said De Gucht.

Tan Xuan contributed to this story.

fujing@chinadaily.com.cn

Hot Topics

Editor's Picks
...
寻乌县| 石屏县| 基隆市| 赤城县| 密云县| 青冈县| 东阳市| 柏乡县| 宁波市| 西乌珠穆沁旗| 新乡市| 关岭| 兴海县| 武冈市| 济南市| 雷山县| 鄢陵县| 澳门| 太原市| 新巴尔虎左旗| 金阳县| 孝义市| 溧阳市| 高台县| 榆中县| 抚宁县| 安吉县| 陈巴尔虎旗| 南康市| 原阳县| 平顺县| 鄯善县| 泸溪县| 沭阳县| 隆德县| 奉新县| 蓬莱市| 象山县| 济阳县| 东台市| 诸暨市|