China sets guidelines for overseas investments
文章来源: 文章作者: 发布时间:2006-10-26 08:59 字体: [ ]  进入论坛
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Oct.26 - China's State Council, or the cabinet, Wednesday approved the first guideline policy document for Chinese enterprises investing overseas.

 

The document, titled "Opinions on encouraging and regulating overseas investments by Chinese enterprises", was adopted at a meeting chaired by Premier1 Wen Jiabao.

 

The document says China's overseas investments must follow the principles of mutual2 respect, mutual benefit, complementarity and win-win cooperation.

 

It stresses the need for proper guidance and coordination3 of firms to prevent competition among Chinese businesses in order to safeguard national interests.

 

The document calls for improved supervision4 of the management of state-owned assets overseas and the establishment of proper risk assessment5 and cost management systems for overseas ventures.

 

When investing overseas, the document says, Chinese enterprises must observe local customs and laws, be fair and transparent6 in dealing7 with engineering contracts, protect the interests of local employees and the environment, and support local charities.

 

Chinese enterprises must strive to improve the quality of their products and services to boost their international competitive edge, the document says.

 

In response to growing terrorist threats, the document calls for more efforts to protect the safety of employees and the properties of overseas Chinese businesses.

 

It also urged overseas businesses to safeguard their image as well as the image of the country, and spread China's policy of peaceful development.

 

China is a rising international investor8. Its overseas investments surged 123 percent in 2005 to reach 57.2 billion U.S. dollars at year end. The figure is expected to rise by a further 60 billion dollars by 2010.

 



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1 premier R19z3     
adj.首要的;n.总理,首相
参考例句:
  • The Irish Premier is paying an official visit to Britain.爱尔兰总理正在对英国进行正式访问。
  • He requested that the premier grant him an internview.他要求那位总理接见他一次。
2 mutual eFOxC     
adj.相互的,彼此的;共同的,共有的
参考例句:
  • We must pull together for mutual interest.我们必须为相互的利益而通力合作。
  • Mutual interests tied us together.相互的利害关系把我们联系在一起。
3 coordination Ho8zt     
n.协调,协作
参考例句:
  • Gymnastics is a sport that requires a considerable level of coordination.体操是一项需要高协调性的运动。
  • The perfect coordination of the dancers and singers added a rhythmic charm to the performance.舞蹈演员和歌手们配合得很好,使演出更具魅力。
4 supervision hr6wv     
n.监督,管理
参考例句:
  • The work was done under my supervision.这项工作是在我的监督之下完成的。
  • The old man's will was executed under the personal supervision of the lawyer.老人的遗嘱是在律师的亲自监督下执行的。
5 assessment vO7yu     
n.评价;评估;对财产的估价,被估定的金额
参考例句:
  • This is a very perceptive assessment of the situation.这是一个对该情况的极富洞察力的评价。
  • What is your assessment of the situation?你对时局的看法如何?
6 transparent Smhwx     
adj.明显的,无疑的;透明的
参考例句:
  • The water is so transparent that we can see the fishes swimming.水清澈透明,可以看到鱼儿游来游去。
  • The window glass is transparent.窗玻璃是透明的。
7 dealing NvjzWP     
n.经商方法,待人态度
参考例句:
  • This store has an excellent reputation for fair dealing.该商店因买卖公道而享有极高的声誉。
  • His fair dealing earned our confidence.他的诚实的行为获得我们的信任。
8 investor aq4zNm     
n.投资者,投资人
参考例句:
  • My nephew is a cautious investor.我侄子是个小心谨慎的投资者。
  • The investor believes that his investment will pay off handsomely soon.这个投资者相信他的投资不久会有相当大的收益。
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