News- CYY ELECTRONICS Co., LIMITED.

Ministry of Commerce spokesman Shen Danyang answer a reporter's question at a regular press conference of January 20, 2015, China has developed rapidly in promoting international equipment manufacturing capacity and international cooperation, and achieved positive results. He disclosed that in 2015 China's equipment manufacturing foreign direct investment $ 7.04 billion, an increase of 154.2%. Over the same period, large equipment exports grew by 10%.

Said Shen Danyang, energy and equipment manufacturing capacity to promote international cooperation, in 2015 the Ministry of Commerce in conjunction with relevant departments to take a series of measures. First, decentralization, promoting facilitation. Establish "the record-based, approved, supplemented by" management model overseas investment, further release the vitality of enterprises' overseas investments. The second is to promote the introduction of "Guiding Opinions on Promoting the international equipment manufacturing capacity and cooperation." Through foreign trade development funds, concessional loans, and long-term export credit insurance and other policy instruments, focusing on the advantages of foreign investment and advanced manufacturing industry cooperation. The third is to guide the implementation of major infrastructure projects abroad and overseas economic and trade cooperation zone group of railways, highways, nuclear power and so on. The fourth is to strengthen the enterprises' overseas investment in the country industry guidelines for implementation of the inter-governmental mechanism to ensure the signing of the FTA with the relevant countries and regions, investment cooperation, investment protection, taxation agreement to strengthen security risk early warning and emergency disposal.

Shen Danyang said that in 2015 China's foreign direct investment enterprises in transportation, electricity, telecommunications and other industries a total of about $ 11.66 billion, an increase of 80.2%. By the end of 2015, cooperation of Chinese enterprises is advancing a total of 75, of which more than half is closely related to the cooperation with the production capacity of manufacturing class park, construction enterprises in the zone has invested $ 7.05 billion; enterprises entering the zone 1209; cooperation zone accumulated output value $ 42.09 billion, the host country taxes paid $ 1.42 billion, driven by the textile, clothing, light industry, household appliances and other advantages of traditional industries partial transfer of production to overseas.