| Author: | Chen, Zuo He, Shumao |
| Title: | Pudong new area enters a new stage in attracting foreign investment (original in Chinese) |
| Journal: | Special Zone Economy (c)
1998 : 11, p.18-23 |
| Index terms: | FOREIGN INVESTMENT CHINA |
| Language: | chn |
| Abstract: | By April, 1998, Pudong New Area had introduced an investment of US $ 17.325 billion, among which foreign direct investment registered US$ 16.865 billion. The approved foreign-funded projects had reached 4889. Some changes have taken place in the policy on luring foreign investment, the choice of foreign investment, the scale of investment and the fields for investment. For instance, the following shifts have been realized: from depending on tax preference to on industrial preference, from stressing the quantity of projects to the technological content and market prospects, from small Hong Kong, Macao and Taiwan-funded projects to large ones funded by America, Japan, and European countries . At the same time, the function development centring on economy, finance and trade has entered the substantial stage. |
SCIMA