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

Transforming China creates new opportunities

(Xinhua) Updated: 2016-03-12 15:12

The government work report, delivered by Premier Li Keqiang on March 5, said China will continue to promote supply-side structural reform in 2016 so as to improve the quality and diversity of products and services on the market to meet consumers' growing demand.

"This consumption trend in China and the government drive for supply-side reform will create huge business opportunities for both domestic and foreign investors," said Midea Vice President Yuan Liqun during the ongoing legislative session.

China's export of industrial production capacity and enterprise internationalization strategies have also brought benefits to foreigners.

Automobile glass producer Fuyao Group is revitalizing an auto plant shut down by General Motors in Dayton, Ohio, in the wake of the 2008 financial crisis, with the redundancy of thousands of local workers.

In January 2014, Fuyao Group bought the facility from GM, investing $200 million and equipping it with state-of-the-art glass production lines.

The factory will reach its full capacity in 2016, producing 4.5 million sets of auto glass per year and hiring over 1,500 local workers.

MOC data showed that Chinese companies invested 735 billion yuan overseas in 2015, up 14.7 percent from 2014.

The government work report said China will continue to support businesses exploring the global market and help with the export of production capacity.

"The cooperation is mutually beneficial," said MOC spokesman Shen Danyang, adding that Chinese enterprises will help boost the local economy and improve the life of local people.

China's GDP growth slowed to 6.9 percent in 2015, which prompted some foreign investors to worry about shrinking business opportunities or even a hard landing for the world's second-largest economy.

"There are challenges for the [Chinese] authorities to navigate, but we don't see some of the extreme downside scenario," Maurice Obstfeld, economic counsellor and director of the research department of the International Monetary Fund.

China contributed more than 25 percent to global growth last year, said Xu Shaoshi, head of the National Development and Reform Commission.

"China does not export recession. Rather, it remains to be a propeller for global recovery," said Xu.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
禹州市| 嘉定区| 德兴市| 正定县| 远安县| 喀什市| 灵丘县| 麻栗坡县| 囊谦县| 徐汇区| 黄梅县| 田东县| 瑞丽市| 汝阳县| 武乡县| 峨眉山市| 荔波县| 体育| 沧州市| 宝坻区| 沾益县| 濮阳市| 莒南县| 天镇县| 永善县| 肥城市| 宽城| 德保县| 山东| 武夷山市| 景宁| 裕民县| 镶黄旗| 剑阁县| 中西区| 太保市| 周至县| 泰和县| 五家渠市| 汶川县| 平陆县|