Owais
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Foreign direct investment in China tops US$63 bln
BEIJING: Foreign direct investment (FDI) in China in 2006 totaled US$63 billion, an annual growth rate of 5 percent, an Arab TV quoting the Chinese trade minister reported.
During a national conference the trade minister said that the figures for the whole of the previous year had bucked the downward trend apparent in the first half.
China plans to channel more foreign investment to research and development centers, high-tech industries and projects for energy and environmental conservation.
The minister of trade also said that Chinese companies had invested abroad and in 2006 had channelled US$16.1 billion to foreign markets, an annual growth rate of 32 percent.
http://geo.tv/geonews/details.asp?id=872¶m=3
BEIJING: Foreign direct investment (FDI) in China in 2006 totaled US$63 billion, an annual growth rate of 5 percent, an Arab TV quoting the Chinese trade minister reported.
During a national conference the trade minister said that the figures for the whole of the previous year had bucked the downward trend apparent in the first half.
China plans to channel more foreign investment to research and development centers, high-tech industries and projects for energy and environmental conservation.
The minister of trade also said that Chinese companies had invested abroad and in 2006 had channelled US$16.1 billion to foreign markets, an annual growth rate of 32 percent.
http://geo.tv/geonews/details.asp?id=872¶m=3
