Section C
China has outlined a new approach to foreign investment, with
planners saying they will now focus less on attracting large amounts of cash and
more on selecting investments that will bring skills and technology into the
country. The change in tactics, (36) in an official
document published by the National Development and Reform Commission, comes
after more than a year of (37) debate over the role foreign
investors should play in China’s economy. China has long been one of the world’s
top (38) for foreign investment, and international
companies (39) in more than $70 billion last year, drawn by
the country’s low costs, (40) prowess and huge domestic
market. But the inroads have caused some unease among both ordinary people and
officials, who also want to see domestic companies do well. The new foreign-in
vestment plan, which isn’t a (41) blueprint but rather a
statement of broad (42) , does say that regulators will
look more closely at foreign takeovers of local companies and other issues of
"national economic security" that have received increasing attention recently.
But the vision it advances represents neither an attempt to (43)
close off China’s economy nor a new round of liberalization. The
planning agency said (44) . For instance, new investments by
foreign companies will face stricter environmental and land-use standards. On
the other hand, (45) . The plan said China will continue to
open up service industries, (46) . The commission also
pledged to improve the business environment by reducing red tape and
strengthening enforcement of intellectual-property rights.
【参考答案】
multinationals can expect incentives to invest in research c......