National Development and Reform Commission: Encourage Chinese steel and other heavy chemical enterprises to "go global"
According to the Oriental Morning Post, the National Development and Reform Commission recently released the 12th Five Year Plan for Foreign Investment and Overseas Investment (hereinafter referred to as the "Plan"), which states that domestic enterprises should actively participate in overseas resource development projects during the "12th Five Year Plan" period and vigorously implement the overseas market development strategy.
Category: Industry news
According to the Oriental Morning Post, the National Development and Reform Commission recently released the "12th Five Year Plan" on Foreign Investment Utilization and Overseas Investment (hereinafter referred to as the "Plan"); Twelfth Five Year Plan” During this period, domestic enterprises should actively participate in overseas resource development projects and vigorously implement overseas market development strategies p>
The Plan encourages China's heavy chemical industries, such as chemical industry, metallurgy and building materials, or some of their processing and manufacturing links to be transferred overseas. Encourage enterprises to develop steel, nonferrous metals, refining and other deep processing industries in countries and regions with rich energy and mineral resources and large market space, and further drive the export of products, equipment and labor services, so as to expand the international development space of enterprises p>
The Plan points out that enterprises should be supported to carry out overseas infrastructure construction and investment in combination with the needs of overseas resource development; We will strengthen investment cooperation with neighboring countries in the construction of cross-border transport corridors, diversify energy and resource imports, and ensure supply security p>
The National Development and Reform Commission pointed out that investment in overseas energy and mineral resources development projects should focus on providing long-term, stable, economic and safe energy resources for national economic development p>
In terms of policies for introducing foreign capital, the Plan points out that“ Twelfth Five Year Plan” During the period, China's goal of utilizing foreign capital was to effectively utilize foreign loans, stabilize the loan scale and optimize the investment orientation; Plan overseas financing methods such as overseas borrowing, financial leasing and bond issuance, and further improve the efficiency of capital use; Improve the level of foreign investment, so that foreign capital can play a more active role in promoting China's industrial upgrading p>