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(Nikkei BP Group)

(No.1 High-Tech News Site in Japanese)

  • Sichuan, China Reports US$357M Contracted Investments
  • October 13, 1998 (CHENGDU, China) -- Southwestern China's Sichuan Province contracted foreign investments for the first half of this year of US$357 million, up 36.6 percent over the 1997 period.
    The province signed contracts with investors from the United States, France, Germany and Hong Kong in wide-ranging areas such as telecommunications, energy, transportation and urban construction.

    The province also plans to prioritize the industrialization of local agriculture and the restructuring of local state-owned enterprises.

    Sichuan listed 150 key projects for foreign investment during the first half of the year and established a system for examining and approving related projects.

    (Xinhua News Agency)

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    Updated: Mon Oct 12 17:46:17 1998 PDT