Canada in China : Chinese companies' outward investment intentions

Asia Pacific Foundation of Canada CAITEC The China Academy of International Trade and Economic Cooperation (of the M inistry of Commerce) CCPIT The China Council for The Promotion of International Trade EID /CCPIT Economic Information Department, The China Council for The Promotion of International Trade FDI Foreign D irect Investment MOFCOM M inistry of Commerce of China MOFTEC M inistry of Forei [...] With China’s entry into the WTO and share of Chinese O DI are set to rise in the years at the end of 2001, China began gradually to fine-tune its ahead, and China has the potent ia l to become an Go Global policy. [...] The focus projects that can spur the export of domestic has been shifted to the legitimacy of the investors technology, products, equipment and labour; themselves and the sectors they invest in. [...] It is not a surprise About 60% of the companies have annual revenue of less to see an over-representation of private companies in the than Rmb10 million, and 15% are over Rmb100 million membership of CCPIT, which has the mandate to and another 25% are somewhere in between. [...] The earliest reported O DI project started in 1990 , and two-thirds of the existing investment projects occurred The high involvement in international businesses again in 1999 or later when the Chinese government reflects another feature of the CCPIT membership — that consolidated the Go Global strategy (Figure 8).