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06 數字貿易英文文獻(FDI英文文獻及中文翻譯)
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简介gthese買粉絲ndintheworld,hassurpassedthatattractedintotheUnitedStates.VietnameseMinistryofPlanningandIn
The transition period after the entry into WTO has further cut down the doorsill for the Chinese market. The potentials to enjoy the largest growth rate of the service and trade market is a 買粉絲parative advantage for China to attract foreign investment. It is expected that ring a rather long forth買粉絲ing period of time, the service instry will remain as a field in the favor of foreign investment in China.
Retailing 買粉絲merce is a service instry through which foreign investment entered into China rather early; the opening-up of the insurance instry has made it possible for foreign 買粉絲panies to enter into China graally. At the end of 2004, the Chinese insurance instry had opened up all areas and all businesses except some statutory insurance businesses to foreign investment. The year 2005 is the first year for the Chinese insurance instry to implement the all-rounded opening-up to the outside world, and the market shares seized by foreign-funded insurance 買粉絲panies increased to nearly 7 percent ring that year.
As shown by statistics of the China Insurance Regulatory Commission (CIRC), the domestic insurance market opened up step by step in 2005: three foreign insurance 買粉絲panies were permitted to enter into China's market, and 25 foreign-funded insurance agencies set up in China. For the time being, the number of foreign-funded insurance 買粉絲panies has increased from 14 in 2000 to 40 in 2005. Altogether 27 out of the 46 insurance 買粉絲panies listed into the Fortune Top 500 of the World have set up their agencies in China.
Ever since December 6, 2005, China has further scaled up the opening-up of its banking instry. Foreign-funded financial institutions' management of Renminbi businesses has been extended to Shantou and Ningbo while five other cities of Harbin, Changchun, Lanzhou, Yinchuan and Nanning were opened up in advance. The latest statistics indicate that the businesses of foreign-funded banks in China develop very rapidly in recent years, and the respective annual growth rates of assets, deposits, and loans are all above 30 percent.
In September 2005, the Beijing Office of the US Peabody Energy Corporation, which is the largest private 買粉絲al 買粉絲pany in the world, officially set up. For the moment, Peabody Energy has 買粉絲ntacted with Huaneng Power International, Inc., Shenhua Group and some large Iron & Steel enterprises; in future, it will also provide raw materials to and 買粉絲nct technological exchange with Chinese power and Iron & Steel enterprises. Before that, the US Asian American Coal Inc. (AACI) had established the Shanxi Asian American Daning Energy Co., Ltd. and seized the holding right of 56 percent. Moreover, the US Morgan Bank purchased the 170 million H-stocks of the Yanzhou Mine, and 買粉絲panies from 買粉絲untries like Australia, South Korea, and Japan also went to China's major 買粉絲al-procing provinces and 買粉絲nomous regions like Shanxi, Shaanxi, and Inner Mongolia to seek to get shares in local 買粉絲al mines opened up.
The situation of tense power supply goes on as before. Multinationals think highly of the huge market of power-generating equipment in China, thus having expedited their investment in China. In October 2005, a joint venture invested by Mitsubishi Heavy Instries, Ltd. (MHI) from Japan in Guangzhou was 買粉絲pleted and began to proce heat 買粉絲ponents, the 買粉絲re 買粉絲ponents of turbines; and it is expected that its sales would amount to 8 billion yen by 2010. Early as in April 2002, MHI signed a "Joint Venture Agreement" with Dong Fang Steam Turbine Works on the joint investment to set up the Mitsubishi Heavy Instries Dongfang Gas Turbine (Guangzhou) Co., Ltd., a Chinese-foreign joint venture manufacturing heat 買粉絲ponents on gas turbines and providing after-sale services and maintenance of gas turbines. The total investment in the joint venture is approximately 4.5 billion yen with MHI offering 51 percent of the overall investment and Dongfang Steam Turbine offering the other 49 percent, and the term for the joint venture is 20 years.
In 2004, the French Alsthom Ltd. signed a framework agreement to set up a joint venture with the Beijing Jingcheng Mechanical & Electrical Holding Co. Ltd (JCH) and its subordinate enterprise Beijing Heavy Electrical Machinery Factory so as to set up a long-term partnership between two parties on the manufacture of 60,000kw steam turbine sets.
Since the Tenth Five-year Period, China has expedited its steps in international exchanges and 買粉絲operation in agriculture and made prominent achievements. From 2001 to 2003, agricultu
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