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BEIJING, June 13 (Xinhua) -- The 4th China International Private Equity Forum saw contractual agreements worth 15.5 billion yuan signed, before it closed in north China's Tianjin Municipality Saturday.The forum, which aimed at providing introduction services between investors and enterprises, attracted 729 private equity funds from 36 countries and regions.
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.

XI'AN, July 17 (Xinhua) - German Chancellor Angela Merkel continued Saturday her visit in Xi'an, capital of China' s northwestern Shaanxi Province.During the visit, Merkel and Chinese Premier Wen Jiabao held talks with heads of prestigious German and Chinese firms, and visited China-German joint venture Siemens Signaling Company Ltd.Merkel also held a meeting with the acting Governor of the Shaanxi Province Zhao Zhengyong.Zhao said the Sino-German cooperation taking place in Shaanxi had enjoyed great achievements during recent years, as there had been about 60 Sino-German joint ventures operating in the province.Merkel said more and more German businessman were looking forward to getting involved in China's "West Development" campaign, and she believed the bilateral cooperation will be pushed forward in the future.The acting governor gave Merkel a horse sculpture as a birthday gift, for Merkel's 56th birthday falls on this Saturday.Merkel was born in the year of the horse, according to the Chinese traditional calendar.During her stay in Xi'an, Angela Merkel also visited a cultural theme park, and the renowned Terra-cotta Warriors and Horses in the mausoleum of Qinshihuang, the first emperor of an united China.Merkel will leave Xi'an on Sunday Morning and wrap up her four-day official visit to China.
BEIJING, Aug. 3 (Xinhua) -- Chinese Vice Premier Hui Liangyu has urged beefing up late rice planting in the wake of floods to ensure a good rice harvest.Hui stressed that soil in the flood-affected regions should be drained as soon as possible. Local authorities should restore damaged farmland to good conditions and make sure late rice is planted on time.In his recent instructions on late rice production and flood relief in agriculture, he also ordered local authorities to improve service for farmers and ensure seeds are supplied for planting.Efforts should also be made to strengthen field management and to intensify disaster and pest disease prevention, said Hui.As of July 21, more than 7 million hectares of farmland in China had been destroyed by torrential rains and floods, according to data from the State Flood Control and Drought Relief Headquarters.
CHENGDU, July 17 (Xinhua) -- At least 13 people were killed and 23 others remained missing after the worst rainstorm of this year lashed Sichuan Province Thursday night, the provincial flood control authorities said Saturday.The victims were killed by mountain torrents, landslides, house collapses or other rain-triggered disasters, according to Sichuan's flood control and drought relief headquarters.The rain forced the Shuangliu International Airport in Chengdu, capital of Sichuan, to close Friday, affecting more than 100 flights and at least 10,000 passengers.The rain stopped in Chengdu Saturday and the airport was working around the clock to handle a record 640 flight landings and takeoffs.Many Chinese regions have reported casualties and losses caused by the rain.Hubei Province has seen 59 people dead and four missing by Saturday since heavy rains began to hit many regions on July 3, which incurred 8.92 billion yuan in economic losses.Shaanxi Province has reported four deaths since Thursday when downpours began to hit 13 counties and forced the evacuation of 260 people.The Three Gorges Dam on the Yangtze River, China's longest, raised water discharge speed again Saturday to save dam space for another round of rainfall coming in two or three days.The Three Gorges navigation administration said Saturday that it will close the ship lock if the floods gush in at a speed of up to 45,000 cubic meters per second.At least 146 people had been confirmed dead and 40 are missing in continuous rainstorms and consequent floods, reportedly worst in years in some regions, according to the Civil Affairs Ministry.
来源:资阳报