2015年CRI China Still Attractive for Investors

 

Amid the shift to the so-called "New Normal," China's GDP growth slowed to 7.3 percent for last year, the lowest in over two decades.

And this figure is predicted to decline further this year, to even below 7 percent.

But Yoshihisa Tabata with the Japan External Trade Organization says the downturn is not enough to deter¹ Japanese investors² from making inroads into China.

"It's true that China's economic growth has been slowing, but few Japanese companies believe that the slowdown has had a significantly detrimental³ impact on the market. Many instead consider it as a part of the 'new normal' and are inclined to seize the opportunity to expand their businesses in the nation."

While China is pursuing a slower but more stable growth, European enterprises are also showing strong interest in expanding their footprints in the world's second-largest economy.

Winfried Bostelmann with the German Association for Small and Medium-sized Businesses says there are still big opportunities in the country, especially for SMEs.

"German companies are very well aware that China is growing more and more, so the Chinese market for our companies, especially small German companies, small medium-sized enterprises. So they are highly specialized⁴ and they see a big opportunity in China. Nowadays, it's much more than possibly 10 years ago."

Winfried says China's manufacturing, environmental protection, medical equipment, finance and education sectors⁵ are most promising⁶.

"Areas actually our Germany companies are very much interested (in) is five industries and these five industries plan, years ahead, to invest more money. So there is more outgoing investment from Germany - that means FDIs for China."

At the same time, Richard Bruton, Irish Minister for Jobs, Enterprise and Innovation, says substantial outcomes are expected from growing Ireland-China business ties.

"We're seeing more businesspeople come here. Last year, 20 percent increase in the number of Irish companies doing business here. We're seeing more Chinese companies visiting Ireland. We have a joint⁷ Irish-Chinese technology fund, which is investing in high-growth, emerging companies. So I think we are seeing bonds built that will be, for the long-term, beneficial for the people in both China and Ireland. That's something that we are very determined⁸ to encourage and develop."

Official statistics show that close to 19-thousand foreign-invested companies were established in China in the first 9 months of this year, up over 10 percent year on year.

Meanwhile, the amount of foreign capital actually used in the country grew 9 percent from a year earlier to surpass 580 billion yuan.

As the country became a net capital exporter for the first time last year, economists⁹ also suggest Chinese firms step up overseas investment, but in more diverse sectors - besides energy and mining.

For CRI, I'm Tu Yun.

1 deter   

vt.阻止，使不敢，吓住

参考例句：

• Failure did not deter us from trying it again.失败并没有能阻挡我们再次进行试验。
• Dogs can deter unwelcome intruders.狗能够阻拦不受欢迎的闯入者。

2 investors   

n.投资者，出资者( investor的名词复数 )

参考例句：

• a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
• a cash bonanza for investors 投资者的赚钱机会

3 detrimental   

adj.损害的，造成伤害的

参考例句：

• We know that heat treatment is detrimental to milk.我们知道加热对牛奶是不利的。
• He wouldn't accept that smoking was detrimental to health.他不相信吸烟有害健康。

4 specialized   

adj.专门的，专业化的

参考例句：

• There are many specialized agencies in the United Nations.联合国有许多专门机构。
• These tools are very specialized.这些是专用工具。

5 sectors   

n.部门( sector的名词复数 )；领域；防御地区；扇形

参考例句：

• Berlin was divided into four sectors after the war. 战后柏林分成了4 个区。 来自《简明英汉词典》
• Industry and agriculture are the two important sectors of the national economy. 工业和农业是国民经济的两个重要部门。 来自《现代汉英综合大词典》

6 promising   

adj.有希望的，有前途的

参考例句：

• The results of the experiments are very promising.实验的结果充满了希望。
• We're trying to bring along one or two promising young swimmers.我们正设法培养出一两名有前途的年轻游泳选手。

7 joint   

adj.联合的，共同的；n.关节，接合处；v.连接，贴合

参考例句：

• I had a bad fall,which put my shoulder out of joint.我重重地摔了一跤，肩膀脫臼了。
• We wrote a letter in joint names.我们联名写了封信。

8 determined   

adj.坚定的；有决心的

参考例句：

• I have determined on going to Tibet after graduation.我已决定毕业后去西藏。
• He determined to view the rooms behind the office.他决定查看一下办公室后面的房间。

9 economists   

n.经济学家，经济专家( economist的名词复数 )

参考例句：

• The sudden rise in share prices has confounded economists. 股价的突然上涨使经济学家大惑不解。
• Foreign bankers and economists cautiously welcomed the minister's initiative. 外国银行家和经济学家对部长的倡议反应谨慎。 来自《简明英汉词典》