China has become a favorable Foreign direct investment destination for the multinationals
122 mainland companies had been listed on the Hong Kong Stock Market
China successfully took over the new-found international manufacturing industry
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 the Chinese WTO engagements, apparent progress has been made opening the services sector
71 foreign banks from twenty countries have set up 238 business operative institutions in China
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 the WTO engagements, the insurance industry has been opened to foreign-invested insurance companies 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 the EU to speeding up the tourist visas
processing to Europe opens up numerous possibilities)