FDI norms look set to be tweaked
By Ding Qingfen | China Daily | Updated: 2009-04-16 07:48
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The factory floor of FAW-Mazda, a joint venture between China's carmaker FAW and Japan's Mazda. CFP |
China will further streamline approval procedures for foreign direct investment (FDI) and channel more FDI into the underdeveloped western and central parts of the country, an official from the Ministry of Commerce (MOFCOM) said yesterday.
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