On December 30, Chinese Premier Wen Jiabao chaired the executive meeting of State Council, studying and planning to further improve the utilization of foreign capital.
It was noted that the utilization of foreign investment was an important part in China’s basic national policy of opening up, and foreign-invested enterprises had become an important part of the national economy. In the process of coping with the international financial crisis and maintaining the stable and rapid economic development, we should fully play China’s comparative advantages, create a more open and more optimized investment environment, constantly improve the quality of utilized foreign investment, and better play the active role of foreign capital in promoting technological innovation, industrial upgrading and regional coordinated development. To this end, we should focus on the following work:
(A) Optimize the use of foreign investment structure.
(B) Guide the transformation of foreign investment to central and western regions and increase investment.
(C) Promote diversification of the utilization of foreign capital.
(D) Deepen the reform of management system for foreign investment.
(E) Create good environment for investment.