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ren zhen shi shi da jing mao zhan lue
Author(s): QIAN Genfang
Pages: 74-
75
Year: 1998
Issue:
4
Journal: Economy & Science of China
Abstract: Ningxia Hut Nationality Autonomous Region grasped the opportunity of switching to middle and western regions by the Central Government,strictly implemented grand economic and trading strategy so as to make rapid progress in foreign trade,investment import and foreign economic offairs and to play an important role in advancing the economic construction and social de- velopment in the region. During the period of 8th "Five-Year Plan",Ningxia Foreign Economic Trading Cooperation Department has made fruitful achievements in the following fields.(a) Made rapid progress in foreign trade.In the region,import and ex- port trade enjoyed continuous and steady growth,export commodities structure has been continuously improved and export market expanded,foreign trade enterprises led to enterprise style and grand economic and trade pattern has been initially formed.(b)Got satisfactory result in foreign investment utilization. The foreign investment scale extended step by step.Since 1984.441 foreign investment projects had been approved with contractual investment of US $288.59 million and actual investment of US$106.50 million,the economic benefit of the enterprise with foreign investment has been continuously in- creased.(c) Made fruitful result in foreign economic affairs.The international multi-lateral and bilateral free economic aid of US$78.4 million has been ac- cepted and 7 projects conducted.Meanwhile foreign contraction works have been undertaken.By the end of last October,24 foreign projects have been contracted with accumulated sum of US$61.15 million and exporled labour force of 3575 person-times. Looking to the future,we are full of confidence.Ningxia Foreign Econonic Trading Department will boldly developing and trying to construct an omnibear- ing open-toward-outside pattern with multilevel and wide scope within three years based on lhe principal requirement of "trying hard to improve the open level" proposed in the report by 15th Congress Session. For this reason,Ningxia Foreign Economic Trading Department will take the following measures:(1) Further implementing grand economic and trading strategy and trying hard to foster new growth sector for export.(2) Deepening reform on state-owned foreign trade enterprises and stepping the specialized foreign trade corporation up to higher scale and level.(3) Adhering to the strategy of "Quality First and Market Diversification",optimizing structure of ex- port commodities and adively developing international market.(4)Actively and rationally utilizing foreign investment and intensifying foreign economic and technical cooperation.(5) Bringing every positive factor into full play and ex- panding open course.
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