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XIAMEN, Sept. 7 (Xinhua) -- China will continue to attract large influxes of foreign investment in the next few years despite uncertainties in the global economic recovery, Commerce Minister Chen Deming said Tuesday.Although uncertainties lie in the process of the global economic recovery and the development trend of the world economy would, to some extent, affect foreign investment in China, the next few years will still be a high-tide period for foreign investment inflow into the country, Chen said Tuesday at a ministerial conference at the 2nd World Investment Forum (WIF) in Xiamen City in southeast China's Fujian Province."Currently, many countries and organizations have rated China as the most appealing destination for investment, which probably would not be changed for a few years," said the minister.Foreign direct investment (FDI) this year is set to "surpass 100 billion U.S. dollars," compared to 90 billion dollars last year, an official with the ministry predicted on Sunday.During the first seven months of this year, China's FDI increased 20.65 percent year on year to 58.35 billion dollars, according to the ministry' s latest statistics.Meanwhile, some 14,459 foreign-invested companies were established in China in the first seven months, up 17.9 percent year on year.
BERLIN, Oct. 5 (Xinhua) -- China and Germany pledged on Tuesday to enhance their efforts in coordinating macroeconomic policies and opposing trade and investment protectionism, according to a joint communique issued after a meeting between Chinese Premier Wen Jiabao and his German counterpart Angela Merkel.The meeting, focusing on China's relations with Germany and Europe, was held at the Meseberg Palace, 70 km north of Germany's capital of Berlin, on the eve of the 13th China-European Union (EU) summit in Brussels.China and Germany are two of the world's largest exporters. China surpassed Germany last year to become the number one exporter.The communique said both sides agreed to attach importance to a series of dialogue mechanisms, including the strategic dialogue, the dialogue between nations ruled by law and human rights dialogue.China and Germany also agreed to expand political mutual trust and deepen strategic coordination between China and Europe. The two countries would like to promote Sino-European economic ties by enhancing negotiation and amplifying cooperation of mutual benefit.Germany would continue urging the EU to recognize China's full market economy status as soon as possible. China agreed to hold talks with the EU on the matter, said the document.To prepare for the coming Group of 20 summit in South Korean capital of Seoul, the two leaders also discussed topics concerning world economy like combating global financial crisis.The two sides agreed to learn the lessons of the crisis and strive to promote a stable economic recovery and sustainable growth.Speaking of the climate change summit in the Mexican city of Cancun later this year, the two leaders reaffirmed the principle of common but differentiated responsibilities, and spoke highly of the measures against climate change taken by the two governments.The two countries shared the view that further efforts should be made to achieve substantial progress in the conference.

BEIJING, Sept. 3 (Xinhua) -- China's top political advisor, Jia Qinglin, Friday called for more efforts to build "ecological screens," to contribute to the nation's endeavor to combat floods and landslides.Authorities should beef up measures to prevent and control ecological disasters, said Jia, chairman of the Chinese People's Political Consultative Conference (CPPCC) National Committee.He also said authorities should plant more trees and protect and restore wetlands in areas prone to natural disaster. Jia Qinglin (L), chairman of the National Committee of the Chinese People's Political Consultative Conference, meets with participants of the founding meeting of the 6th Board of Administration of the China Green Foundation (CGF) in Beijing, capital of China, Sept. 3, 2010. Founded in 1985, the CGF is a national non-profit organization focusing on promoting afforestation campaigns in China.Jia, also a member of the Standing Committee of the Communist Party of China (CPC) Central Committee Political Bureau, made the remarks when attending a meeting marking the foundation of the 6th Board of Administration of the China Green Foundation (CGF).Founded in 1985, the CGF is a national non-profit organization focused on promoting afforestation campaigns in China. It raises and utilizes funds to expand green land, plant trees and protect mountains and rivers.China has been hit by many floods and landslides this summer.A mudslide in northwest China's Gansu Province in August killed at least 1,471, with 294 still missing.
HONG KONG, Sept. 22 (Xinhua) -- Hong Kong stocks gained 45.12 points, or 0.21 percent to close Wednesday's trading at 22,047.71.The benchmark Hang Seng Index traded between 22,229.18 and 22, 021.6 on a turnover of 69.08 billion HK dollars (about 8.9 billion U.S. dollars).All the four sub-indices of the benchmark index landed in the positive territory, with properties advancing the most by rising 1. 2 percent.Heavyweight HSBC slid 0.49 percent to 81.1 HK dollars, extending its falling streak to the third day this week. The nation's telecom giant China Mobile gained 0.38 percent to 79.8 HK dollars. Sole market operator HK Exchange rallied 1.35 percent to 142.5 HK dollars.For financial shares, CCB, which accounts for the third largest weighting of the Hang Seng Index, went up 0.59 percent to 6.77 HK dollars. Meanwhile, the nation's largest lender by market value ICBC shed 0.17 percent to 5.84 HK dollars, Bank of China up 0.25 percent to 4.09 HK dollars and Bank of Communication down 0.36 percent to 8.4 HK dollars.The two leading mainland-based insurers went to different directions as Ping An slumped 0.6 percent to 74.4 HK dollars and China Life moved up 0.32 percent to 31.5 HK dollars.Local developers remained strong following two days of upward move. Cheung Kong, the flagship company of Hong Kong's richest man Li Ka Shing, advanced 2.11 percent to 111.5 HK dollars.Another major developer SHK rose 1.79 percent to 125.2 HK dollars and the city's main residential builder Henderson Land jumped 2.63 percent to 52.65 HK dollars. Oil shares put on mixed performances, with Sinopec up 0.91 percent to 6.67 HK dollars, PetroChina up 0.46 percent to 8.71 HK dollars and CNOOC down 1.36 percent to 14.5 HK dollars.Aside from constituents stocks, China's leading electric motor manufacturer BYD was also among the most active. Share price of the Shenzhen-based company went down 3.56 percent to 54.2 HK dollars. (7.76 HK dollars equal one U.S. dollar)
STOCKHOLM, Sept. 15 (Xinhua) -- Iceland's President Olafur Ragnar Grimsson Wednesday said that Iceland's government and people sincerely appreciate China's precious support to Iceland in dealing with financial crisis and treat China as a trustworthy friend and important cooperation partner, according to a report reaching here from Reykjavik."Iceland is willing to strengthen cooperation with China in various fields including geothermal energy, earthquake monitoring, culture and tourism. Iceland will take the 40th anniversary of Iceland-China diplomatic relations as an opportunity to promote bilateral relations to a new stage," Grimsson said in a meeting with Liu Qi, a high-ranking Chinese party official.Liu, a member of the Political Bureau of the Communist Party of China (CPC) Central Committee and secretary of the Beijing Municipal Committee of the CPC, arrived in Iceland on Monday after his three-day visit to Sweden.Liu said that with the close and frequent high level mutual visits in recent years, political trust between the two sides has been strengthened."The two sides have had fruitful mutually beneficial cooperation in financial, fishery, geothermal energy and hydropower fields and conducted active educational, scientific and technological and cultural exchanges. The two countries have communicated and coordinated very well in international affairs," Liu said.Liu believed that there will be broad prospect for the two sides to cooperate in trade, cultural and new energy areas."China has attached great importance to Sino-Icelandic relations and is willing to further expand exchanges and cooperation with Iceland in various fields to promote bilateral friendly relations to a new level," Liu stressed.During his visit in Iceland, Liu also met Iceland's Minister for Foreign Affairs and External Trade Ossur Skarphedinsson and Mayor of Reykjavik Jon Gnarr. He also inspected a geothermal power station and a high-tech enterprise.Liu left Iceland on Wednesday night for Holland and he will visit Switzerland after his tour in the Netherlands.
来源:资阳报