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TB—unit13B utilization of foreign capital direct foreign investment international leasing compensation trade processing and assembling trade Sino-foreign joint venture basic state policy Inland cities infrastructure construction international consortiums Export-oriented In real terms foreign-funded enterprises Satisfactory profits an irreversible trend Reporter: Hello, Prof. Wang. As we all know, since China adopted the policy of reform and opening up to the outside world in the late 1970s, its economy has enjoyed continuously fast growth ever since. Some top economic experts have c