Since China’s entry into the WTO back in 2001, the Chinese government has continued to fulfill its WTO engagements by gradually opening up various sectors to foreign investors. Along these lines, the government’s stated goal is to further improve the foreign investment structure especially by encouraging foreign investment in the high-end manufacturing industry as well as the strategic and modern service industries with subsidies, administrative convenience, as well as tax and tariff incentives. Despite the current tumultuous global financial environment, recent data published by MOFCOM, the Chinese Ministry of Commerce, shows that China is continuing to attract impressive amounts of FDI. Foreign investment into ...
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