日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Macro

China's foreign investment changes lanes

Xinhua | Updated: 2017-08-23 11:21

BEIJING - After a series of eyebrow raising megadeals in recent years, a number high-profile but less controversial Chinese deals are now grabbing the limelight, including Sanyuan and Fosun's takeover of St-Hubert; Fosun and Nanjing Nangang's stakes in Koller; and Hytera's acquisition of Norsat.

These new deals show the country's foreign investment is stepping out of the fast lane into one focused on sensible investment and quality growth.

A report by accounting firm PwC showed that foreign mergers, and acquisitions by Chinese investors in 2016 more than tripled from the previous year. Much of this involved an increase irrational phenomena and even the suspected transfer of assets, but things are now changing.

Since late 2016, government agencies have been reinforcing inspections on authenticity and regulation compliance of outbound investment in a bid to improve returns and control risk.

In the latest efforts, authorities decided to limit overseas investments by domestic companies in several fields, including real estate and sports clubs, while encouraging them to invest in infrastructure and new technology.

The new measures have proven effective.

In the first seven months of 2017, China's non-financial outbound direct investment (ODI) dropped 44.3 percent year on year to $57.2 billion, official data showed.

Outbound investment in real estate, culture, sports and entertainment sectors saw substantial declines during the period, the Ministry of Commerce said.

Meanwhile, involvement in billion-dollar-projects has decreased significantly, with the majority of the deals announced this year worth less than $1 billion.

Fosun's chair Guo Guangchang said the most serious headache for his company in foreign investment used to be big-spending Chinese rivals whose bids were hard to understand. He believes such squandering will diminish as authorities tighten supervision.

Another positive trend is investors increasingly focusing on high technology, structural upgrading and capacity cooperation.

Nanjing Nangang's stake in Koller, for example, eyes the German company's lightweight technology, which could effectively decrease energy consumption and promote sustainable development.

"Koller's expertise in providing lightweight solutions is in line with the company's transformation direction," said Huang Yixing, chairman of Nanjing Nangang.

"Strategic cross-border mergers, especially those associated with industrial upgrading and the Belt and Road Initiative, will take the lion' s share of the country's overseas mergers this year," said Li Ming at PwC.

Last but not least, while many investment bets are overseas, they actually eye domestic markets.

Guo expects that more Chinese companies will integrate global resources through overseas investment and mergers to develop themselves, pointing to Sanyuan and Fosun's plan to buy French margarine maker St-Hubert as a case in point.

The proposed acquisition will introduce healthy foods into China and is aligned with the government's policy to support and drive technological innovation, Guo said.

Authorities will roll out a negative list for programs that forbid and limit foreign investments and facilitate the implementation of those where the government wants to encourage foreign companies to invest, said Huo Jianguo, vice chairman of the China Society for WTO studies.

The State Council last Wednesday made public a series of measures that ensured the steady growth of foreign investment.

China should make its foreign investment environment "more law-based, international and convenient" to increase growth and raise the quality of foreign investment, according to a document by the State Council.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
主站蜘蛛池模板: 午夜看片在线 | 中文字幕手机在线观看 | 日本视频www | 在线观看av中文字幕 | 91国内精品视频 | 黄色免费高清 | 伊人久久在线观看 | 有码一区 | 麻豆av网 | 日韩精品视频免费在线观看 | 玖玖爱资源站 | 欧洲一区二区视频 | 色婷婷小说| 欧美亚洲一区二区三区四区 | 女人十八毛片水真多 | 国产黄色自拍视频 | 伊人999| 黄色大片黄色大片 | 99re在线精品视频 | 亚洲视频在线免费观看 | 欧美中文字幕 | 欧美体内she精高潮 偷拍在线视频 | 亚洲男人网站 | www中文字幕 | 伊人情人综合网 | 狠狠干一区 | 精品人伦一区二区 | 精品国产乱码久久久久久108 | 成人片在线免费看 | 欧美日韩精品久久久免费观看 | 欧美成人精品一区二区三区在线看 | 青青草影视 | 午夜成人在线视频 | 草草精品视频 | 欧美国产中文字幕 | 琪琪色综合| 国内一区二区 | 亚洲综合在线视频 | 久久婷婷丁香 | 日韩在线一区二区 | 午夜激情福利网 |