November 11, 2003
This video ( in English) covers the news event of the three Chinese cities who won five investment awards handed out by Euromoney's Strategic Direct Investor Magazine (rebranded as Corporate Location Magazine). The awards were presented by Samuel Passow, the magazine's editor and publisher at the 1st Session of the International Investment Promotion Forum in Beijing organised the by the Ministry of Commerce of China, the Beijing Municipal Government, the Federation of Investment Promotion Associations of China and the World Bank.
The Shanghai Foreign Investment Service Centre won the most improved IPA (Investment Promotion Agency) in Asia-Pacific. It also won awards for research and development and secondary investing for helping the city diversify its investments from manufacturing to high-tech.
The Beijing Foreign Investment Service Centre received the award for best deal facilitation service for its free-of-charge facility to help foreign investors find suitable business partners. The service also received foreign investors' complaints and helped them deal with application procedures and registrations with the departments of industry and commerce.
The Guangzhou International Investment Promotion Council won the award for the best greenfield investment deal.