www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Industries

SOEs urged to invest overseas but avoid haste

By Ding Qingfen (China Daily) Updated: 2012-11-16 09:58

Even though State-owned enterprises have recently been making more outbound direct investments, they must be careful not to expand too quickly overseas, the State-Owned Assets Supervision and Administration Commission has warned.

For SOEs, "the process of 'going abroad' must be steady" and undue haste should be avoided, said Shao Ning, deputy director of the commission.

In his report to the 18th National Congress of the Communist Party of China, President Hu Jintao said the country should encourage domestic companies to increase the pace of outbound investments.

China saw its ODI increase to $60 billion in 2011, making it the fifth-largest investing country in the world.

From January to August, China's ODI increased by 29 percent to reach $52.52 billion.

SOEs have contributed greatly to the increase. From 2005 to 2010, SOE overseas investment rose to $49.9 billion, from $9.6 billion, accounting for 84 percent of the country's total.

Shao called on SOEs to be cautious as they move forward.

"On the one hand, SOEs have to go abroad," he said. "It's already an unavoidable trend."

But "on the other hand, they have to strengthen their competitive abilities on their way to becoming international."

China's SOEs have encountered many obstacles to the fulfillment of their overseas plans. Foreign governments, for instance, have blocked various proposals on national security concerns.

What's more, political turmoil in Africa and other places has also subjected Chinese companies to huge losses. The unrest that broke out in Libya last year, for example, affected more than $10 billion worth of projects, most of which pertain to the energy and construction industries, according to official figures.

"Risks abound, and those include political risks, social risks and the dangers that come from not knowing about foreign laws and regulations," Shao said. "We should keep learning."

Reports have said few SOEs actually benefit from having an overseas business, citing poor management. They have blamed the lackluster results on a lack of knowledge about foreign markets and inability to employ a sufficient number of qualified workers.

"Some SOEs perform well abroad, and the majority of SOEs make profits," he added.

Wang Yong, head of the assets commission, said on the sidelines of the Party congress that Chinese SOEs "need to look for business opportunities in various industries throughout the world".

At the same time, he cautioned: "We must make a special effort to benefit local people, communities and economies. We need to be responsible corporations in foreign countries."

dingqingfen@chinadaily.com.cn

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 另类视频在线观看 | 日本色中色 | 黄录像欧美片在线观看 | 国产一区二区三区不卡免费观看 | 国产99久9在线视频 国产99久久 | 在线视频一区二区三区三区不卡 | 99免费精品 | 国产精品二区三区免费播放心 | 国产一区二区三区在线观看影院 | 国产精品19禁在线观看2021 | 九九视频在线观看视频23 | 男性吸女下身的视频 | 京野结衣免费一区二区 | 欧美另类videosbestsex高清 | 看一级特黄a大片国产 | 男女性高爱潮免费的国产 | 精品国产免费观看 | 亚洲国产精品国产自在在线 | 久久久9999久久精品小说 | 久久精品视频久久 | 日本在线免费观看视频 | 国产一区二区三区国产精品 | 四虎午夜剧场 | 老司机精品影院一区二区三区 | 成人网视频在线观看免费 | 精品极品三级久久久久 | 免费观看国产精品 | 亚洲欧洲视频在线 | 免费一级美国片在线观看 | 国产精品久久久久久搜索 | 久久久日本久久久久123 | 亚洲欧美日韩精品久久久 | 欧美区一区二区三 | 国产欧美视频综合二区 | 一级做a爰片欧美一区 | 女人一级特纯黄大片色 | 国产免费久久精品99 | 美女脱了内裤张开腿让男人桶网站 | 波多结衣一区二区三区 | 成人a毛片手机免费播放 | 99久久精品久久久 |