Economy

China hosts int'l forum to bolster two-way investment

(Xinhua)
Updated: 2010-09-07 09:30

Spending for better life? Related readings:  China's outbound investment hit $56.5b in 2009  US southern states woo China investment  Investment prospects still bright  China's investment environment is improving

XIAMEN - China on Tuesday hosted an international investment forum in the coastal city of Xiamen to attract foreign investment and encourage domestic investors to tap overseas market, as the world economy is recovering from the global financial crisis.

Chinese Vice President Xi Jinping is expected to deliver a keynote speech at the ongoing opening ceremony of the 2nd World Investment Forum, which is sponsored by the United Nations Conference on Trade and Development (UNCTAD).

During the biennial event, delegates from various states will discuss ways to advance sustainable development and promote investment in the post-crisis era.

The first such forum was held in Ghana in 2008.