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Mme. Ma Xiuhong's portfolio covers the Department of Treaty and Law, Department of American and Oceanian Affairs, Department of Foreign Investment Administration, Investment Promotion Agency, China Association of Enterprises with Foreign Investment and China Council for International Investment Promotion.
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Vice Minister Ma Xiuhong's Speech on 2006 New Year Reception of CAEFI
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Honorable Vice Premier Wu Yi, Vice-Chairman of the NPC Standing Committee Li Tieying and Sima Yi Aimait, Chairman of CAEFI Shi Guangsheng, Vice-chairmen of CAEFI, Leaders, guests, and Ladies and Gentlemen:
Good evening!

I'm pleased to attend today's banquet and gather here to celebrate New Year with honorable leaders, heads of foreign invested enterprises and friends. I extend warm welcome to you all on behalf of the Ministry of Commerce.

Foreign investment attraction was important part of opening-up to the outside world. In the 27 years since reform and opening up, China made great achievements in foreign investment attraction, size of foreign investment was expanded, structure was optimized and quality was improved constantly. In January through September 2005, foreign invested enterprises, 3% of China's total enterprises, created 20.6% of the national income tax, 26.3% of value-added tax, 28.5% of industrial added value, 57.6% of foreign trade value and 25 million jobs. Achievements of China's foreign investment attraction were obtained through efforts of each department under leadership of Central Committee of CPC and the State Council. I express my sincerely gratitude to each department for their long-term support on behalf of the Ministry of Commerce.

The CAEFI's excellent work built a platform for two-way exchange between the government and foreign invested enterprises, so that the government could understand suggestions of investors and foreign invested enterprises timely when formulating policy and making management, and in the meanwhile enterprises could report and solve their questions in business. The CAEFI played an important role in promoting foreign enterprise to invest in China.

2006 is the first year of the "11th five-year planning", Chinese government proposed such sustained developing modes as recycling economy, energy-saving society and intensive growth to make Chinese economy more vigorous and attractive, Chinese government will carry out fundamental national policy of opening-up to the outside world and create a fair, friendly, legal and creditable investment environment. A developing and open China will bring more opportunity and fortune to the world.

20 days later it will be the Chinese traditional festival Spring Festival, I'd like to say happy New Year to everyone and wish you to make rapid advances in career, healthy and happy.
Thank you.

(Source: Network Center of MOFCOM)
 

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