Preparations for the 14th China International Fair for Investment and Trade (CIFIT) is going smoothly, said Huang Ling, director of the program affair department of the organizing committee of the fair, at a press conference held in Beijing late last month.
The American Certification Institution has joined hands with the WTO division of the Ministry of Commerce of China, and brought market information and orders from the US government to the 14th CIFIT.
Xiamen Port and Zhangzhou Port were integrated on Aug 31 and are being called Xiamen Port. The Xiamen Port authority is now in charge of both ports. The new Xiamen Port will be an international shipping hub of container traffic of international trade and bulk cargo transportations.
China is fast becoming a major donor in international aid and humanitarian efforts with 2010 being the 60th anniversary of the cause.
Foreign companies have expressed concern over China's recent moves to support domestic technologies and said the "indigenous innovation" policy is sometimes discriminatory and involves transfer of intellectual property.
Outbound direct investment to gain from government moves, say analysts
It is a sizzling day in July. Inside the human resources office on the 4th floor of the Fubon Property Insurance Company in Xiamen, new employees are receiving training on insurance services from Taiwan lecturers.
Editor's note: The World Investment Forum (WIF) is a global forum on investment and development issues organized by the United Nations Conference on Trade and Development (UNCTAD).
Global businesses still consider China as an important growth destination and as one of the most promising regions for investment despite the recent clamor for a further relaxation in the business climate.
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