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英语文摘:U.S. group says China's business environment optimistic

Source:  Onion  2010-03-31   English BBS   Favorite  
Wang Yukui, head of the communications department of Boeing China, on Tuesday told Xinhua the investment environment for foreign businesses on the Chinese mainland had seen continuous improvement since Boeing entered the market 38 years ago.

"We have good cooperation with the Chinese aviation industry," he said.

Zhu Jiming, president of the China branch of Caterpillar, the world's largest manufacturer of construction and mining equipment, said in an email statement that China's investment environment for foreign businesses had seen remarkable progress since China joined the WTO in 2001.

"Since China's entry into the WTO, a lot of laws and regulations had been revised, enabling foreign enterprises to set foot in fields they had been not allowed to in the past," Zhu said.

He said Caterpillar's business in China only included sales and production when it first entered the country in 1996.

"But now, our business scope has expanded to research and development, production, sales, service, financing, and logistics, ... thanks to China's open and supportive policies in those fields," Zhu said.

Commenting on China-U.S. trade frictions, Seyedin said trade disputes between the U.S. and Canada by far outnumbered those between the U.S. and China.

"For reasons I don't know, China-U.S. trade disputes have been constantly exaggerated by the press, leading people to dismiss U.S. disputes with other countries, or even with the Europe," he said.

He suggested the Chinese and U.S. governments conduct friendly negotiations and dialogue, to resort to the WTO and avoid unilateral actions when facing trade disputes between the two countries.

David Hon, CEO of one of the world's biggest manufacturers of folding bicycles and accessories, Dahon, also urged the Chinese and U.S. governments to resist protectionism, in order to provide a favorable investment environment.

Both domestic and foreign funded enterprises in China were hoping for an environment of fair competition, Hon said.

He said China's laws and regulations on labor, taxation, and work safety among others were reasonable, and that the U.S. enterprises should abide by the laws like their Chinese counterparts.


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