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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