ABSTRACT

The policy of opening to the outside world adopted by the Party Central Committee is a strategic decision for strengthening China’s four modernizations, and is considered as a fundamental measure for China to prosper. The decision concerning the policy on invigorating the domestic economy and opening to the outside world was made when the government summed up the positive and negative experience in its many trials and errors. The imported products include rolled steel, metals, machinery, proprietary technology, autos, aircraft, ships, and other equipment needed for the development of industry and agriculture. Funds received will be used to develop mainly energy, transport, and communication, as well as raw materials industries. Investment is also welcomed in such sectors as machinery, electronics, light industry, textiles, and other export-oriented products. Hong Kong is a legitimate place to survey such advertisements, because Hong Kong has been recognized by the international business community as a staging-point to China.