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China to make foreign investment easier

08-20-2010 13:47 BJT

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China's State Council is calling on government departments to boost the flow of foreign investment into the country.

The new policy includes allowing foreign companies to issue yuan-denominated bonds, commercial papers and shares. This is the government latest effort to facilitate foreign investment in the country. The State Council has also called for improvement in foreign exchange settlements for foreign companies.

China will attract foreign investment in high-end manufacturing as well as new energy and environmental protection industries, with tax breaks and other preferential policies.

Editor:Xiong Qu |Source: CNTV.CN

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