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 PAGE \* MERGEFORMAT 8 Company is the company With the major improvement in the investment environment, but new problems surfaced Multinational companies in China really started to compare a large-scale investments after 1992, with the gradual deepening of China’s domestic reform and opening-up continues to expand, in the eyes of multinational companies, China’s attractiveness as an investment location growing. In 1993, multinational companies began to compare large-scale and systematic investment in China. Mainly for the following characteristics: A larger number of well-known multinational companies began investing in China. According to the survey, by the end of 1996, America’s largest 20 companies in 18 industries, Japan’s largest 20 companies in 19 industries, Germany’s largest industrial companies in the nine and South Korea’s largest industrial companies in the 16 are already in China investment. However, before 1992, 19 Japanese companies, only 9, and 16 South Korean companies, only an investment in China. 2002. About the world’s 500 large companies invested in 300 enterprises in China, coupled with the establishment of representative offices of the company has some 400. The number of investment projects has risen sharply. In the 1980s, the majority of multinational companies investing in China only one or two projects. Since 1993, their investment projects in China soared. The end of 2002, many multinational companies in China has dozens of companies. For example, there are more than 50 Siemens, Panasonic also has 42 manufacturing enterprises Dramatically larger amount of investment. 1980s, multinational companies investing in China are mostly from pilot projects, so little amount of individual investment, and some with only a 20 thousand U.S. dollars. A single project in China in recent years, multinational companies had invested more than 100 million U.S. dollars in the project more and more German companies BASF and Sinopec Yangzi Petrochemical