Quotable

"The continuous slowing of FDI into China stems mainly from the world's economic woes, which struck global trade and investment when China's economic growth was under pressure, despite signs that the world's second-largest economy is moving out of its slowdown in growth."

Huo Jianguo, president of the Chinese Academy of International Trade and Economic Cooperation, a ministry think tank. He said FDI in China will rise slightly next year as the government stokes domestic demand and spurs domestic investment conditions.

"HTC's and Apple's settlement and licensing agreement demonstrates that HTC has achieved recognition and respect for its innovation. Chinese companies are able to have a place in the world's high-tech fields."

Cher Wang, chairman of the smartphone maker HTC Corp of Taiwan, in an interview with China Central Television. HTC announced a global patent settlement and a 10-year licensing agreement with Apple Inc, ending a 12-year legal battle.

"Foreign-funded cinemas are more advanced in equipment, acoustics and picture quality compared with domestic rivals."

Yang Feng, a consultant with EntGroup, who said large-scale foreign investment in China's culture industry is unlikely in the short term, mainly because of policy restrictions such as a limit on foreign investors' stakes in joint ventures.

(China Daily 11/23/2012 page14)