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CONSTRUCTION SECTOR TO OPEN UP

AsiaInfo Services, March, 2001

AsiaInfo Services 03-12-2001 Construction sector to open up BEIJING, Mar 12, 2001 (AsiaPort via COMTEX) -- China's highest construction authority pledged to open the industry to the outside world in the near future, given that the country's entry into the World Trade Organization (WTO) is approaching. According to the Ministry of Construction's 2001 agenda, branch units, service agencies and construction companies are now required to proceed with their work in line with agreed WTO principles and the bilateral agreements signed with other countries. According to the agenda, in the next three to five years, China's construction market will be open to foreign investors, who will be allowed to enter every sector apart from the general planning of cities to high-level...

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