China detained the chance of manufacturing restructuring and global shift and attracted a great deal of Foreign Direct Investment (FDI), making China as a significant production base in the World
With the full implementation of Chinese World Trade Organization (WTO) engagements, apparent progress has been made opening the services sector
Near ten Chinese-invested Commercial banks including China Construction Bank, Bank of China and Industrial and Commercial Bank of China have brought in a large strategic investment, and China Construction Bank and Bank of Communications were successfully listed abroad
On the basis of WTO engagements, the insurance industry has been opened to foreign-invested insurance enterprises in all regions and all business excluding related statutory insurances
Top sectors for investment:
Agri-food
Industrial products
Consumer Products
Automotive components (Shanghai boasts the presence of important
production centers: General Motors, Volkswagen, and Renault)
Environment (financing and environmental projects
management, equipment exports, and environmental technology, in particular for wastewater and solid waste treatment)
Services
Tourism (recent signing of an agreement between China and EU to speeding up tourist visas
processing to Europe opens up numerous possibilities)