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Home >> Business
UPDATED: 07:51, May 17, 2005
Developing China to generate cooperation opportunities with win-win results: Hu Jintao
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Chinese President Hu Jintao said Monday a developing China will, as always, generate cooperation opportunities with win-win results for other countries in Asia and the world over.

Hu made the remark in an address delivered at the opening ceremony of the 2005 Fortune Global Forum held in this Chinese national capital of Beijing on Monday.

By the end of 2004, China had attracted a total of 562.1 billion US dollars in foreign direct investment (FDI), approved the establishment in China of more than 500,000 foreign-funded enterprises and created a huge import market of some 560 billion US dollars annually.

At present, most of countries and regions have had enterprises with investment in China, and over 400 firms out of the FOURTUNE 500 have invested in China. The number of research and development centers set up by foreign investors in China has exceeded 700. As China becomes more developed, its cooperation with the other countries and their corporations of various types is bound to increase in scale.

Source: Xinhua


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