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China's Foreign Investment Policy
Q. The Beijing Municipality
Beijing is the capital of China. By the end of 1993, there were 7,500 foreign invested enterprises in Beijing with a contract value totalling US$18.5 billion and a direct foreign investment amounting to US$10 billion.
Foreign investments are particularly encouraged in the following areas:
1. Urban infrastructures including local expressway, urban light rail transportation system, water and garbage treatment facilities, and thermal power stations.
2. Agricultural industry:
Including the introduction of new technolgies of upkeeping fresh vegetables, fruits and meats, as well as the production of quality farm products.3. Auto industry:
Including introducing new technologies of manufacturing vehicle components and parts.4. Electronics industry:
Including manufacturing new components and instruments, as well as introducing new photoelectronic and semiconductor materials.5. Electro-mechanical industry:
Including laser equipment and digital-control mechanical tools.6. Textile industry:
Including high-grade chemical fiber, oil agent, and special textile materials for industial use.7. Chemical industry:
Including recycling and utilization of waste materials.8. Medical industry:
Including the application of biological engineering technologies.9. Service industry:
Including promoting fast food, tourism, and real estate trades.For more information, contact:
Beijing Foreign Economic Relations and Trade Commission
190 Chao Yang Men Wai St.
Dong Cheng District, Beijing 100010
Tel: (l)-524-8780- 513-7733
Fax: (l)-513-0181
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