Banking authorities envisage taking a comprehensive suite of measures in 2012 to ensure bank and credit institution healthy performances.

The new policy on attracting foreign direct investment (FDI) will be set up based on four main principles. The FDI projects must have high quality and efficiency. They must aim to the sustainable development on the basis of the low-carbon economy. Especially, foreign investors have to make commitments on technology transfer and help train high qualification labor force.

Local authorities have been rushing to attract foreign direct investment FDI by offering high investment incentives to investors. However, experts have pointed out that tax incentives are not the only thing that can be used to attract and retain investors.