Quotable
Updated: 2013-03-22 07:32
(China Daily)
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"When investing abroad, most Chinese enterprises understand the need to protect the environment, obey the laws of the host nations and actively fulfill social responsibility. However, some enterprises are not experienced in the work of environmental protection and need the guidance of the Chinese government."
Yao Jian, a spokesman for the Ministry of Commerce, on Feb 28 after the ministry and the Ministry of Environmental Protection jointly released the Guidelines on Environmental Protection in Overseas Investment and Cooperation, the first of its kind for Chinese enterprises.
"The FDI rebound in February is good news and, in some way, an acknowledgement of China's economic competitiveness and global investor recognition of the country's investment environment and development prospects."
Shen Danyang, Commerce Ministry spokesman, saying that figures for the first two months can't give a a complete picture for the entire year. Foreign direct investment rebounded in February after dropping for eight consecutive months, signaling improving investor sentiment and confidence in the new leadership.
(China Daily 03/22/2013 page14)
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