MORE INVESTMENT OPPORTUNITIES TO EMERGE IN 2011-2015

AsiaInfo Services
11-02-2010
More Investment Opportunities to Emerge in 2011-2015

BEIJING, Nov 02, 2010 (SinoCast Daily Business Beat via COMTEX) -- There will be more investment opportunities emerging from more industries during China's 12th Five-Year Plan period from 2011 to 2015.

These sectors include the Internet of things, the information security, grain security and agriculture, new material, consumer goods, new energy, energy saving, emission reduction and environmental protection, marine industry, advanced manufacturing, aviation and so forth.

In addition, the transportation construction in Tibet will be further propelled during the coming five years. With the planned investment of CNY 49.89 billion, the highway traffic mileages are expected to reach 70,000 kilometers in Tibet by 2015; and eight freight transportation hubs, 50 township bus stations and 300 bus stops will be built in Lhasa and some other regions.

The year of 2011 will be the start of China's 12th Five-Year Plan. From 2011 to 2015, the 12th Five-Year Plan period, the inclusive growth will be highlighted for Chinese economy. Inclusive growth refers to the harmonious development of different industries; the sharing of achievements in economic growth; and the mutual development of Chinese and global economy.

The Chinese Academy of Social Sciences points out that China will try to become the world's second powerful country by 2050, to just follow the United States. Doctor Ni Pengfei said that a nation has to constantly enhance its competitiveness amid the intense competition. As for China, the country aims to become a mid-developed nation with comprehensive, strong and leading national competitiveness among all nations in the world by the year of 2020. Then by 2030, China has set the goal to only fall behind the United States and the European Union in terms of the comprehensive national power. China's target for 2050 is to be the world's second powerful country, following the United States only.

In order to fulfill such a goal, China is expected to attract more foreign direct investment, especially in the high-end industries, or boost the high-end sector via technical innovation and industrial integration; focus on the strategic industries like energy saving and environmental protection, emerging information industry, biological industry, new energy and material, as well as advanced manufacturing sector.

In addition, China boasts the advantage in the population scale, especially the rural population. Therefore, the domestic demand and consumption will be a very important driving force for the growth of Chinese economy. Besides, China shall further build the national image, to let more and more foreign people know the country, its culture, its product, its environment, and some others.

(USD 1 = CNY 6.68)

Source: www.cs.com.cn (November 02, 2010)

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