CCPIT Releases Country Guides To Help Enterprises Invest Abroad

China Council for the promotion of trade (CCPIT) issued the first batch of "environmental guidelines for enterprises to invest in foreign countries (regions)" on 9 th. This guide gives a detailed account of the economic and trade profiles, foreign investment environment and policies, and investment and financing risk prevention of 6 countries in Chile, France, Indonesia, Singapore, Thailand and the United Arab Emirates.

On the same day, the national listed companies in Beijing jointly built the "one belt and one way" International Cooperation Forum and the transnational investment conference, and China Council for promotion of Trade issued the 6 guidelines.

"The release of these guidelines will help Chinese enterprises be familiar with investment destination countries, better explore the market, and achieve stable and healthy development of foreign investment cooperation." Feng Yaoxiang, Minister of trade and investment promotion of China Council for trade promotion, said.

"At present, China has become the second largest foreign direct investment country in the world and an important engine to increase the growth of foreign direct investment worldwide." Feng Yaoxiang said that with the continuous growth of Chinese enterprises' foreign investment and the continuous expansion of investment fields, as well as the different industrial bases, policies and environments of different countries, it is necessary for enterprises to grasp the business environment of relevant countries and regions ahead of time, so as to further enhance the timeliness and adaptability of foreign investment.

Feng Yaoxiang said that the issued compass is relatively strong in nature, and can meet the basic needs of enterprises in understanding the relevant countries and regions. It has strong practicability, focuses on hot issues such as investment promotion platform construction, public information service, government mechanism protection, economic and trade dispute prevention and settlement, and has strong timeliness. Through collecting and collation of first-hand information, it ensures that the economic and trade policies, classic cases and laws and regulations in the guide are accurate and effective.

"The CCPIT will continue to focus on changes in the business environment of key countries to form a guide information update mechanism to ensure that the content of the guide keeps pace with the times." Feng Yaoxiang said that next step, the CCPIT will also speed up the compilation of guidelines and make full coverage of all key investment target countries and regions as soon as possible.