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BP's rising investment in China

BP's rising investment in China

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2020-03-31 14:57
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BP's rising investment in China

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2020-03-31 14:57
  • Views:
Information

International oil prices depressed market, on the other hand, the British oil company (BP) in the Chinese investment higher.

In the past year, the British oil company in China continue to increase. In July, the BP zhuhai chemical co., LTD., pure terephthalic acid (PTA) 3 period formally put into production, design production capacity of 1.25 million tons, is currently the largest global monomer of PTA plant, the oil giant highlights the confidence of the long-term development in China.

"The importance of China to BP is self-evident. We not only consider the market scale, rapid economic growth in China and influence in the international arena, also think that China will continue to be the world's largest and most vibrant energy market." Bp's China President Yang said.

It is thought that in recent years, China's ability to attract foreign investment in the fall. 2, the Chinese people's political consultative conference held in Beijing the 12th conference four news conference, said wang guoqiang, a spokesman, combination of official statistics and field research, Chinese people's political consultative conference (CPPCC), the data do not support "foreign companies doing business in China is worsening.

, according to the ministry of commerce of China to attract foreign investment grew by 5.6% in 2015, despite the slowdown in growth. The first 11 months of last year, foreign investment enterprises established in China grew by 11% year on year. Judging from capital fickle kinds of this, the set of data does not support the "foreign companies doing business in China tend to worse".

Minister of commerce gao hucheng said in an interview recently, attracting foreign investment in China for two consecutive years are on the rise. During the 12th five-year plan, China's investment scale is increased by 30% than the period of "11th five-year plan".

Not long ago, Siemens in China for the first order for 4 sets of SGT - 800 type gas turbine. The gas turbine will be used in shanxi the new energy in distributed energy projects, prudential and XiYang this two cogeneration power plants with a total installed capacity will be close to 300 megawatts.

Siemens greater China chief executive Herman said: "China put forward the construction of modern energy system, to promote clean fossil energy efficient utilization and development of distributed energy, Siemens has in these areas to provide substantial support for China, and look forward to make greater contributions."

China's inland province of henan after many years development, opening up to the industrial foundation and investment environment continues to improve, also attracted more and more foreign companies.

"Zhengzhou, we came to night!" Standard chartered bank, zhengzhou branch opened at the end of 2013, the then standard chartered bank (China) co., LTD. Chief executive Lin qing DE sighs. From application to the branch opening in just six months time, created the record for fastest foreign Banks to open branches in China, and with the advance in foreign Banks such as HSBC, east Asia, realized in the profit.

Zhengzhou legg mason opened in early 2015 sheraton hotel resident manager Han Weidong surprised, "thought the inland city consumption potential so big." The hotel has more than 360 rooms, occupancy rate can achieve up to 9 into.

, according to data from the department of commerce of henan province during the "twelfth five-year", in and outside the new 12 world 500 strong enterprises, totaled 84, five years of actual use of foreign capital of $65.6 billion, 3.2 times that of "11th five-year plan" period.

The old industrial base in northeast China also to foreign companies is full of appeal. Jilin in China in August last year, the industry cooperation projects docking at the meeting, the United States consul general meditation countries embassy in shenyang said: "is China's important industrial base in northeast China, have a good foundation, the development potential is huge, the American government and business bullish about the market here."

Among them, the manufacturing is the enterprise and the cooperation in northeast China is relatively mature field. New dragon industrial co., LTD. Jilin province and the United States dupont has signed an agreement in jilin construction plan project of China's largest cellulosic ethanol production.

American McGonagall sodium magnetic power co., LTD., said the chairman assistant Zhao Wei northeast to have good innovation and talent basis, such as China, Chinese academy of sciences, changchun faw sorting a number of innovative scientific research units, such as it is a lot of companies in the United States.

, said some foreign enterprises in recent years, the soft environment for investment has been continuously optimized, investment promotion and capital introduction information processing and to accept the umpire group and agency service center, the service center, such as protection of the rights and interests of complaint center provides a considerate service for foreign investors.

The higher people's court of henan province in 2014 was a successful mediation is a foreign-related cases of unfair competition. "Aspirin" suffered a global trademark holders Germany bayer company trademark infringement, appealed to the court, the case through mediation is satisfactory. Responsible for the trial of the presiding judge, said zhao zheng, the company said the case "for the investment of foreign enterprises in China to eliminate doubts", to enhance the investment confidence.

Wang believes that with the constant improvement of the socialist market economy system, plus some elements costs rise, the market competition becomes more intense, "money is not as good as made" in foreign company is a fact, but the Chinese government for foreign investment to China under the rule of law, internationalization, and facilitation of business environment, the confidence is determined.

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