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  3. China has outlined a new approach to foreign investment, with planners sayi

China has outlined a new approach to foreign investment, with planners sayi

游客2023-09-07  23
问题      China has outlined a new approach to foreign investment, with planners saying they will now focus less on attracting large amounts of cash and more on selecting investments that will bring skills and technology into the country. The change in tactics,【B1】______ in an official document published by the National Development and Reform Commission, comes after more than a year of【B2】______ debate over the role foreign investors should play in China’s economy. China has long been one of the world’s top【B3】______ for foreign investment, and international companies【B4】______ in more than $70 billion last year, drawn by the country’s low costs,【B5】______ prowess and huge domestic market. But the inroads have caused some unease among both ordinary people and officials, who also want to see domestic companies do well. The new foreign-in vestment plan, which isn’t a【B6】______ blueprint but rather a statement of broad【B7】______ , does say that regulators will look more closely at foreign takeovers of local companies and other issues of "national economic security" that have received increasing attention recently. But the vision it advances represents neither an attempt to【B8】______ close off China’s economy nor a new round of liberalization. The planning agency said【B9】______ . For instance, new investments by foreign companies will face stricter environmental and land-use standards. On the other hand,【B10】______ . The plan said China will continue to open up service industries,【B11】______ . The commission also pledged to improve the business environment by reducing red tape and strengthening enforcement of intellectual-property rights. [br] 【B5】
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