Abstract
Executive Summary
China has experienced nearly over two decades of high economic growth, which
has been stimulated by the consecutive increase of industrial output,
consumption and capital investment. During the period, the national economy
has been developed continuously, high-speed, and healthy. China' s GDP has been
growing at 9.8% per annum. National industry output has been advancing at 15%
annually and will continue to sustain a strong growth into the next decade.
Though the deflation has existed in these two years, the national economy has
continued to grow with a sound speed. The fast-growing middle class is
creating an enormous consumer society. As the fastest-growing economy in the
world, the emerging market has attracted the attention of investors and
corporations around the world for the last two decades.
To deepen the reform of state-owned enterprises is a long-term task and needs
great effort. The reform of state-owned economy has witnessed rapid changes in
both economic and social aspects. The introduction of foreign advanced
technology and capitals will continue to be favored by the Chinese government
and business community. New ways will be adopted to utilize foreign
investment, including mergers, acquisition, and investment funds and
securities investment. China will continue to improve its investment
environment in the areas of legal system, intellectual property protection,
foreign trade and investment regulation, infrastructure and financial system.
China is the second largest foreign investment recipient after the United
States in the world. Given its vast market, the country provides tremendous
opportunities for investment and trade both for the present and future.
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