BEIJING, Feb. 20 (Xinhua) -- China will add an
environmental protection index and a land-use intensity index to the evaluation
of foreign-funded enterprises so foreign capital can be used more effectively,
the Foreign Investment Office of the Ministry of Commerce (MOC) said Friday.
The environmental protection index will include
capital input in the areas of environmental protection, annual sulfur dioxide
emission and chemical oxygen demand. These factors will have to be considered by
regional economic regulators when approving foreign-funded enterprises.
According to a joint statement from the MOC and
Ministry of Environmental Protection issued on Feb. 3, foreign-funded companies
will have to provide assessments from local environmental protection
departments.
These moves are intended to tighten scrutiny of
energy-intensive and polluting facilities funded by foreign investments, the MOC
said.
The land-use index will include gross fixed-asset
investment and the total area of land used, as well as a breakdown of how that
land is used -- for example, for buildings, residential facilities or "green"
areas.
The MOC urged local governments Thursday to consider
several factors when approving foreign investment, including the investment
environment, overall quality, industrial upgrading, innovation, energy
conservation and environmental protection and ethical issues.
Foreign direct investment (FDI) in China was 7.5
billion U.S. dollars in January, down 32.7 percent year-on-year, the fourth
consecutive month of decline. China used 108.3 billion U.S. dollars of FDI in
2008, up 29.7 percent.