From the year of 2009, foreign investors will have right to open hospitals in Jilin, run gas stations in Hubei and develop Tibetan medicines in Tibet. In order to develop the middle and western regions, the central government’s new foreign investment directory listed clearly the expanded business opportunities.

The new directory, which can be downloaded on the Chinese version of the commission’s online directory, was made public on Dec. 26th, 2008, and will take Read more…

Popularity: 3% [?]

China, development, economy, FDI, investment, region

A senior official form the National Development and Reform Commission (NDRC) warned less developed central and western parts of China are likely to suffer more than coastal regions in the unfolding global economic slowdown in the long term. Du Ying, NDRC’s vice-president said those regions are more vulnerable to global financial woes because of their immature industrial structures, sharply declining resource prices and a weaker capacity to deal with risks and social conflict.

Du made these remarks at a recent national Read more…

Popularity: 3% [?]

China, economy, global, hinterland, region, slowdown