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BEIJING, July 19 (Xinhua) -- While China strives to create a more open and fair business environment, the country also wants business to embrace environmental-friendly policies. The move, aimed at a sustainable growth, should not be interpreted as worsening the investment conditions, analysts note."Currently, there is an allegation that China's investment environment is worsening. I think it is untrue," Premier Wen Jiabao said while talking with heads of prestigious German and Chinese firms in northwest China's Xi'an city over the weekend.Although Chinese leaders stated that China welcomes foreign investment as always, some western media have repeatedly run stories that claim China's investment environment is worsening.Statistics, however, tell a different story. Foreign direct investment (FDI) that flowed into China in June surged 39.6 percent from a year earlier, resulting in a 19.6-percent year-on-year increase during the first half of this year."Foreign investment will not pour into a country where the investment environment is worsening," Wen said.China will continue both its opening-up policy and improving its investment environment, as the government promised, but structural changes are expected because both China and the world are changing, analysts said.For the past 30 years, China has been wooing foreign investment with many preferential policies designed to attract badly-needed capital, advanced technology and management expertise.

XI'AN, July 17 (Xinhua) -- It is untrue to say that the investment environment in China is worsening, said Chinese Premier Wen Jiabao Saturday as he invited more foreign companies to invest in the country.China sticks to its opening-up policy, Wen added.In talks with heads of prestigious German and Chinese firms in northwest China's Xi'an city, Wen and visiting German Chancellor Angela Merkel aim to boost cooperation between the two nations."Currently, there is an allegation that China's investment environment is worsening. I think it is untrue," said Wen when answering a question from Juergen Hambrecht, chief executive of German chemical company BASF.Foreign firms have voiced concern China's indigenous innovation policy might provide incentives for government bodies to purchase products developed by Chinese companies.The World Bank in a July report gave China a low investment environment ranking.But the amount of foreign direct investment (FDI) that flowed into China in the first half of the year rose 19.6 percent year on year, according to data from the Ministry of Commerce (MOC).China attracted 12.51 billion U.S. dollars in FDI in June alone, up 39.6 percent year on year.Wen said, "Foreign investment will not pour into a country where the investment environment is worsening."Wen said China has relatively good infrastructure as well as fair and stable market environment.

BEIJING, Aug. 16 (Xinhua) -- China's central bank and banking regulatory commission have ordered the country's financial institutions to provide preferential loan policies to victims in the mudslide-hit regions of Gansu and Sichuan provinces.The minimum down payment for a home in the disaster-affected urban regions could be reduced to 10 percent while the interest rate for home loans could be cut to possibly 60 percent of the benchmark rate, the People's Bank of China, the central bank, and China Banking Regulatory Commission said in a joint statement issued over the weekend.Banks were also asked to help ease loan pressures for rural residents in the disaster-affected regions.A massive mudslide, which took place on Aug. 8 in Zhouqu County of northwest China's Gansu Province, has killed 1,248 people as of 4 p.m. Sunday, with 496 still missing. Flooding and mudslides in southwest China's Sichuan Province has left at least 13 dead and 59 missing.

BEIJING, June 17 (Xinhua) -- China's top legislator Wu Bangguo said here Thursday that the country would push forward friendly relations with the Islamic world.Wu, chairman of the Standing Committee of the National People's Congress (NPC), made the remarks when meeting with the Organization of the Islamic Conference (OIC) Secretary-General Ekmeleddin Ihsanoglu.Wu said China and all Islamic countries, as developing nations, enjoyed a long history of bilateral exchanges.China has always valued the traditional friendship with Islamic nations, Wu said, expressing appreciation for those countries' firm support on issues concerning China's core interests.China also has always supported Islamic nations on issues related to their concerns, and would work with them to increase exchanges and cooperation in politics, economy, trade and culture, he noted.Wu also briefed Ihsanoglu on China's national and religious policies and on the social and economic situation of the Xinjiang Uygur Autonomous Region.Ihsanoglu said friendly exchanges between the Islamic world and China not only accorded with fundamental interests of all parties, but also promoted human progress.The OIC was opposed to terrorism, separatism and extremism in any form, Ihsanoglu said, noting that the Islamic world would work with China to carry forward the traditional friendship and increase exchanges and cooperation.Besides Beijing, Ihsanoglu and his delegation would also visit the Ningxia Hui Autonomous Region and Xinjiang.

ULAN BATOR, June 22 (Xinhua) -- Mongolian Prime Minister Sukhbaataryn Batbold said Tuesday Chinese Premier Wen Jiabao's visit to Mongolia early June contributed significantly to bilateral relations and cooperation, especially in economic and commercial ties.The high-level meeting mechanism played an important role in developing comprehensive Mongolia-China cooperation, Batbold said in an interview with China's English-language newspaper China Daily.Wen visited Mongolia on June 1-2. The two premiers agreed to strengthen the cooperation in areas including mining, infrastructure, culture and education, and to increase trade volume.As a landlocked country, Mongolia wants to boost the cooperation in logistics and transportation services.Batbold said the two countries had great opportunities to cooperate in developing agriculture and infrastructure, and providing jobs related to manufacturing value-added products.The Mongolian government would continue its open policies and would encourage the development of enterprises with environmentally friendly technologies and social responsibilities, he said.