New body proposed for ODI promotion

Agency would help Chinese firms conduct business in foreign lands

China should learn from the successful experience of the United States Chamber of Commerce and set up a special organization to promote overseas investment, a member of the Chinese People's Political Consultative Conference National Committee proposed during the last day of its annual session on Tuesday.

As more and more companies are looking overseas, Duan Qihua, also a lawyer in Shanghai, finds Chinese investors are facing many problems and challenges in other countries.