nvestors to help revitalize State-owned Enterprises,
including technical upgrading, developing new products, improving
products quality and reducing energy and materials consumption.
Overseas capital is also expected to
flow into the fields of finance, insurance, telecommunication,
business and trade, tourism, education and other service industries.
The province will strengthen its
economic relationships with the Fortune Global 500 companies and
other transitional entities.
Enterprises in the pillar and dominant
industries are expected to attract more investment from these
entities.
The province has pledged to provide a
better investment environment in line with internationally accepted
practices.
Besides offering preferential policies
in terms of tax levies and land use, Jilin will draft and issue and
amplify local regulations pertaining to overseas investment to
guarantee the legitimate rights of investors.
It will also standardize
fees-collecting system and improve all-around services for
overseas-funded companies.
To promote exports will also be a heavy task for the province during
the next five years.
By 2005, export volume is expected to register US$1.85 billion,
increasing on average by 9 percent annually.
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