Ten Areas Favorable for Overseas Investors

China State Commission of Economics and Trade declares that China encourages overseas investment in the following 10 areas

1 ..... Comprehensive and new technological agroeconomic projects like the retooling of low-and medium-yield farmland and the development of high yield varieties.

2 ..... Construction of infrastructural facilities in the sectors including energy and communications, and basic inductrial projects, such as the production of key raw and processed materials.

3 ..... State designated pillar industries, including machinery, electronics, petrochemicals and automobile.

4 ..... Projects capable of introducting advanced technologies to improve economic returns and productivity of domestic enterprises, and the products that can meet the demands in the home market.

5 ..... Projects that can increase foreign exchange earing through export.

6 ..... Projects using new technologies and equipment to comprehensively use resources and recycled resources.

7 ..... Technologies and equipment helpful for pollution control and environment protection.

8 ..... Emerging industrial technologies and equipment, such as bio-chemical, telecom networking systems, isotope radiation and laser, maring development and the development of oceanic energy.

9 ..... Service industry, such as consultancy services, maintenance and after sales service of precision instruments.

10 ..... Projects that can make good use of the labor-force and natural resources in central and western China