The ongoing international financial crisis which was triggered by the U.S. sub-prime mortgage debacle has affected Chinese too much, particularly many export-oriented enterprises. Our economy is highly reliant on overseas demand. Slacking exports resulted from the global economic slowdown would have a negative impact on the economy, the impact of the world financial crisis on China's economy cannot be underestimated. However, the country's economic situation is sound as a whole, and is capable to effectively resist the external impact. China is a huge country with a largest population on the globe. Being compared with other countries, China’s economy is still robust and expected to grow fast in the coming years. ‘ Now it’s the best time to invest in China’, quoting from an anonymous director with Lianxiang, one of the largest company in China, China's financial sectors have grown stronger after years of development. The profit-earning and risk-resistance abilities have been greatly improved, market liquidity is sufficient, and the financial system is sound and safe, he explained. China has a foreign capital reserve of more than 19000 billion USD at present.
China is now taking many measures to strive for the stability of the country's financial sectors and promote sound and rapid economic growth, esp the development of its vast country side. Last Sunday, China (CPC) issued a landmark policy document to allow farmers to "lease their contracted farmland or transfer their land-use right" to boost the scale of operation for farm production and provide funds for them to start new businesses.
China is a huge market both for buyers and sellers, the domestic market is also huge this is why more and more export-oriented enterprises are turning to domestic market this year. China is not only the larest exporter for many commodities but also the largest importer for iron ore, copper, manganese ore and waste paper etc. 95% of the international brands have their own offices or factories in China, take the food and retailing as an example, KFC opened its first store in Nov, 1987 in China, but up to August 2008, there are 2000 KFC chainstores in China. Walmart entered in China in 1996 but now Walmart has 1200 branches nationwide, now foreign Supermarkets like Walmart, Carrefour, and Ouchan etc are playing a more and more important role in our daily lifes. They are profiting too much from China….Remember: China has a population of more than 1300 million, this is the market for any company worldwide…
![[em19]](http://img.alibaba.com/images/eng/style/icon/emoticons_great.gif){kind=icon}