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

   

FDI doubles despite tax concerns

By Jiang Wei (China Daily)
Updated: 2008-02-19 06:52

Foreign direct investment (FDI) in China more than doubled last month from a year earlier despite concerns over the impact of increased corporate income tax on foreign investors which took effect this year.

FDI in January was $11.2 billion, 109.78 percent more than in the corresponding month of last year, the Ministry of Commerce said yesterday. But its department of foreign investment administration declined to disclose the reasons for the unusual increase.

The ministry said the government approved 2,918 foreign-invested enterprises last month, down 13.41 percent from a year earlier.

Related readings:
 Nation top draw for FDI in 2007
 FDI steered on hi-tech, green path
 Policies to cushion impact of new corporate income tax law
 Regulations for corporate income tax announced

 Corporate income tax law not to affect investors' enthusiasm
 Rate slackens but FDI keeps pouring in

In 2007, FDI rose 13.8 percent to $82.7 billion despite curbs meant to cool a boom in spending on real estate and other assets.

Lu Jinyong, a researcher at the University of International Business and Economics, attributed the big rise to possible funds in place for some major deals approved last year.

The ministry has stopped releasing figures of contracted foreign investment, which are deals not fulfilled.

"China is also attracting more foreign investors by further easing restrictions on mergers and acquisitions as well as improving the investment environment in the service sector," he said.

FDI inflows have surged since the country joined the World Trade Organization in late 2001. But many worried the corporate income tax law that took effect this year may hinder the influx of foreign capital.

Income tax rates for domestic and foreign companies are unified at 25 percent from this year, compared to 33 percent for domestic companies and 15 percent for foreign firms - which enjoyed tax waivers and incentives - before the change.

"In the long term, the new corporate income tax law will benefit China in attracting FDI because it creates a level playing field for foreign and domestic investors," Lu said.

Many enterprises benefit from the new law as businesses involved in high-tech, infrastructure and environmental protection sectors and small-scale enterprises now enjoy a favorable tax, Li Zhiqun, director of the ministry's foreign investment administration department, said in an earlier interview.

He added that foreign enterprises registered before 2008 are given a five-year grace period of favorable tax rates.

FDI in non-financial sectors is expected to increase 4 to 6 percent year-on-year in 2008 to hit $69-$72 billion, according to a report released by the Chinese Academy of Sciences.

FDI in the non-financial sector increased 13.6 percent year-on-year to reach $74.77 billion last year.

The report said FDI in the service sectors, including banking, insurance and retail, is expected to accelerate this year as China opens up these sectors wider to foreign investors.



Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
主站蜘蛛池模板: 波多野结衣中文在线播放 | 国产视频二区在线观看 | 99国产精品农村一级毛片 | 一级在线观看视频 | 亚洲一区2区三区4区5区 | 亚洲成人福利网站 | 欧美日韩视频在线第一区二区三区 | 国产特黄特色的大片观看免费视频 | 亚洲精品成人7777在线观看 | 成年人免费观看视频网站 | 91精品国产免费久久久久久 | 久久99亚洲精品久久99 | 老司机久久影院 | 在线播放免费播放av片 | 久久亚洲精品中文字幕第一区 | 亚洲成人手机在线 | 国产高清精品久久久久久久 | 九九色视频| 97公开视频 | 日韩成人一级 | 牲欧美| 美女视频黄视大全视频免费网址 | 免费在线看黄网址 | 欧美高清一级啪啪毛片 | 国产网址在线 | 男女乱淫真视频免费一级毛片 | 久久性久久性久久久爽 | 国产精品亚洲精品日韩已满 | 成人爱做日本视频免费 | 亚洲欧美久久精品 | 亚洲精品在线免费看 | 免费人成在线观看播放国产 | 国产一级一国产一级毛片 | 最新步兵社区在线观看 | 亚洲 欧美 日韩 在线 中文字幕 | 国产免费网 | 92看片淫黄大片一级 | 欧美成人精品在线 | 国产黄色一级网站 | 空姐毛片 | 国产精品亚洲专区一区 |