Round control of investment cost and introduction of foreign capital

Abstract

Since my country's opening to the outside world in 1979, the investment environment has been improved, and the number of foreign investment in China has been increasing. According to the latest materials released by the Ministry of Economic and Trade, by the end of August 1989, my country had approved more than 19,000 foreign-funded enterprises to open, more than 50 offshore oil cooperative development projects, with foreign investment of 31.5 billion US dollars and the actual use of foreign capital of 13.6 billion US dollars. . However, there is still a big gap between our current investment environment and the standards required by international capital, especially in recent years.