Country (Region) Business Environment Guidelines | Korea
Over the past 40 years of reform and opening up, China's outward direct investment has increased by more than 50 times, with a total investment of nearly 2 trillion US dollars, becoming an important engine driving the growth of global outward direct investment. The report of the 19th National Congress of the Communist Party of China proposed that we should focus on the construction of the "the Belt and Road", adhere to the equal importance of "bringing in" and "going out", innovate the way of foreign investment, promote international production capacity cooperation, accelerate the cultivation of new advantages in international economic cooperation and competition, and point out the direction for investment promotion in the new era.
China Council for the Promotion of International Trade conscientiously implements the spirit of the 19th National Congress of the Communist Party of China, gives full play to its institutional and institutional advantages, the advantages of the trade promotion system, and the advantages of international resources. Through more than 30 overseas representative offices and more than 300 bilateral industrial and commercial cooperation mechanisms, China Council for the Promotion of International Trade has set up a platform for enterprises to invest abroad, provide information, conduct training, safeguard their rights and interests, and launched the establishment of the "the Belt and Road" International Commercial Dispute Prevention and Resolution Organization and the National Enterprise Compliance Committee, The Investment Guide of China Overseas Economic and Trade Cooperation Zone was released to help the international cooperation of the "the Belt and Road" and the overseas investment of Chinese enterprises to be stable and farsighted.
Enterprises are the main force of foreign investment and cooperation. In recent years, Chinese enterprises have actively engaged in outward investment, with investment scopes covering various parts of the world and investment fields expanding day by day. At the same time, enterprises also face difficulties in foreign investment, such as lack of understanding of the policies and regulations, business environment, and potential risks of the host country (region), and a lack of practical economic and trade information, which leads to enterprises being dissatisfied with the local conditions and even suffering unnecessary losses in the process of foreign investment.
In order to promote the stable, orderly, and healthy development of foreign investment cooperation, and help enterprises better explore diversified markets, the China Council for the Promotion of International Trade, relying on its representative offices abroad and cooperating with professional institutions at home and abroad, has organized the compilation of a series of books titled "Guidelines for Business Environment of Enterprises in Foreign Investment Countries (Regions)", which systematically introduces the economic and trade overview, foreign investment absorption environment and policies, and the development status of Chinese enterprises in some key countries (regions) Chinese funded enterprises' financing, investment risk prevention and compliance operations, basic information on work and life, etc., will be updated periodically based on changes in the host country (region) situation, national policy adjustments, and enterprise needs.
The 'Guidelines for Business Environment in Foreign Investment Countries (Regions) of Enterprises' strive to be realistic, practical, comprehensive, and accurate. We welcome criticism, correction, and contribution of wisdom from all sectors of society to continuously improve the "Guidelines" and become an important reference for Chinese enterprises' foreign investment.
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