China's eastern city of Wenzhou will allow individuals to make direct investments overseas as the government encourages capital outflows to ease pressure on inflation and currency appreciation, Bloomberg reported Monday.
c* j" l+ V$ B$ j) b Citizens cannot exceed $3 million with any single investment abroad or spend more than a total $200 million each year, and may not invest in overseas financial companies, according to a notice on the Wenzhou Foreign Trade and Economic Cooperation Bureau's website posted on Jan 7.
/ K; f, M a# o5 \/ C+ Z Wenzhou, a city of about 8 million people in the coastal province of Zhejiang that borders Shanghai, had 32,595 yuan in per capita gross domestic product in 2009, about 30 percent more than the national average. |
发表于 2012-8-16 08:12:37
