Western China draws investors

Underdeveloped region offers great potential, says NDRC official

China will channel more foreign investment into developing its western region while being more selective about what money it accepts, officials and experts said.

"In the next phase of developing the western region, the government will choose appropriate foreign investment rather than welcoming just any investment, as the eastern region did three decades ago," Fan Hengshan, head of the National Development and Reform Commission's department of regional economy, said during the 13th Western China International Fair, which is being held this week in Chengdu.