谁能帮我写下英语作文100~130字foreign investment in china?
推荐回答(2个)
foreign investment in china
There has been much controversy over foreign investment in china in the past years, with each party owning convincing evidences. Those who are in favor of foreign investment in china claim that it is very good for people. They also argue that foreign investment in china can bring us more money. Without foreign investment in china ,we maybe loss a lot of opportunity in our life.
On the other hand, there are many people who are of the opinion that foreign investment in china be banned. They point out that foreign investment in china should replace national industry . Besides, they maintain that replace lead to a waste of resource.
Personally, I think that both sides have something right. Actually, replace should be viewed as a two-edged sword, which presents us with both benefits and troubles. But we should not give up eating for fear of choking. The best policy, as I see it, is to maximize their advantages and minimize their unhealthy influence, so that they can benefit us in a better way.
The YRD is a major destination for foreign direct investment (FDI) and is becoming increasingly popular among foreign investors in recent years. FDI inflow rose by about 37% in 2002 to reach US$17.8 billion, which is about one-third of China’s total. In the first eleven months of 2003, utilised foreign capital amounted to US$22.7 billion, an increase of 50.6% from the same period in 2002. So far, Hong Kong is the largest source of FDI in the YRD, followed by Taiwan, Japan, and the US.
There are about 80,000 foreign-invested companies in Shanghai, Zhejiang and Jiangsu as at end-2002, with accumulated investment of more than US$150 billion. Major foreign investors in the YRD include General Motors, Shell, Matsushita, Exxon, Siemens, Sony, Volvo, Alcatel, and LG etc. Many of them have even set up their regional headquarters in the YRD, such as Siemens, AMD and General Electric. Among various cities in the YRD, foreign investment is concentrated in Shanghai and Suzhou, with a combined actual FDI accounting for 55% of the total. However, FDI inflow is beginning to spread more evenly from Shanghai and Suzhou to other YRD cities in the past few years.
Foreign investment in the YRD is mainly engaged in manufacturing activities, including the manufacture of computers, mechanical and electrical products, hardware and chemical products etc. However, foreign investment has increasingly been channelled into services industries in recent years. Given China’s WTO commitment to further liberalise its services sector, an increasing share of FDI is expected to go into the services sector in the coming years.
Relocation of high-tech industries to the YRD is particularly prominent. In particular, many Taiwan businesses started to shift their high-tech products manufacturing to the YRD region since 2001 and Taiwan’s investment in Shanghai, Jiangsu and Zhejiang increased drastically by 124% in 2002. Taiwan’s high-tech investment is concentrated in Kunshan , Suzhou, and Wuxi, of which many of these companies are engaged in the manufacture of IT products and high-tech electronics such as PCs, semiconductors, integrated circuits, digital cameras and LCD monitors etc.
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