China's foreign direct investment drops (AP) Updated: 2005-08-16 07:15
Meanwhile, the government has launched a campaign urging the public to
conserve resources, warning that waste and inefficiency could squander the
country's strong growth potential.
All levels of government, companies and the public should "voluntarily
practice frugality," the official Xinhua News Agency cited Vice Premier Zeng
Peiyan as saying.
"The government should step up legislation to promote resources conservation,
and encourage the development of related technologies," he said.
Waste of water, oil and electricity were a key problem, Zeng said.
"We are at the stage of economic development where we do not have the luxury
to be wasteful," Zeng was quoted as saying.
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