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

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / Business

SOEs urged to invest overseas but avoid haste

By Ding Qingfen | China Daily | Updated: 2012-11-16 06:18

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

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 免费成人一级片 | 久久久久久网址 | 午夜美女网站 | 99精品国产一区二区三区 | 国产精品久久久久久久久久影院 | 成人综合在线视频 | 国产成人 免费观看 | 中国一级毛片 | 久久国产欧美日韩精品免费 | 亚洲成人免费视频在线 | 久久久久久久国产 | 亚洲国产日韩欧美一区二区三区 | 在线欧美日韩精品一区二区 | 美国全免费特一级毛片 | 日韩毛片高清在线看 | 亚洲一区毛片 | 99re伊人| videos欧美丰满肥婆 | 欧美国产合集在线视频 | 欧美手机看片 | 国产91香蕉在线精品 | 精品久久久久久久久免费影院 | 欧美视频一级 | f性欧美| 欧美久久久久久久久 | 毛片观看网站 | 日本成人免费在线视频 | 久草在线 | 免费国产成人高清无线看软件 | 在线欧美一级毛片免费观看 | 色三级大全高清视频在线观看 | 国产成人区 | 黄a 大片a v 永久免费 | 欧美成人免费观看 | 亚洲最大免费视频网 | 久久综合久久自在自线精品自 | 国产成人久久久精品一区二区三区 | 精品一久久香蕉国产二月 | 99在线热播精品免费 | 免费狼人久久香蕉网 | 国产一二三区在线观看 |