Chinese senior official backs up foreign M&A

时间：2007-08-02 06:54:48

（单词翻译:单击）

Chinanews, Beijing, Aug 2 – “Foreign merger1 and acquisition activities will benefit both domestic companies and China's national economy,” Liao Xiaoqi, vice2 minister of commerce, recently said, the People's Daily overseas edition reported.

 

The vice minister said foreign merger and acquisition have become the main form of cross-country investment for global investors3.

 

Chinese government will regulate the foreign M&A activities in China with proper laws and regulations, like other countries do. With current laws and regulations, Chinese government hopes that foreign M&A activities will develop in China soundly, the vice minister said.

 

At present, foreign M&A activities are still at a rudimentary stage in China. Many global mergers4 have now involved a huge sum of investment money. In China, however, foreign M&A have just started, Minister of Commerce Bo Xilai once said.

 

Statistics show that in 2006, the contractual value for all foreign M&A activities reached 5 billion US dollars, which accounted for only 2.5% of the total FDI in China in 2006. Even in manufacturing industry, the proportion was less than 2%.

 
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1 merger vCJxG     
n.企业合并，并吞
参考例句：
  • Acceptance of the offer is the first step to a merger.对这项提议的赞同是合并的第一步。
  • Shareholders will be voting on the merger of the companies.股东们将投票表决公司合并问题。
2 vice NU0zQ     
n.坏事；恶习；[pl.]台钳，老虎钳；adj.副的
参考例句：
  • He guarded himself against vice.他避免染上坏习惯。
  • They are sunk in the depth of vice.他们堕入了罪恶的深渊。
3 investors dffc64354445b947454450e472276b99     
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
4 mergers b4ab62fffa9919cbf1e93fcad6d3150c     
n.（两个公司的）合并( merger的名词复数 )
参考例句：
  • Mergers fall into three categories: horizontal, vertical, and conglomerate. 合并分为以下三种：横向合并，纵向合并和混合合并。 来自辞典例句
  • Many recent mergers are concentrated within specific industries, particularly in retailing, airlines and communications. 现代许多合并企业集中进行某些特定业务，在零售业、民航和通讯业中更是如此。 来自英汉非文学 - 政府文件

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