(Nikkei BP Group)
(No.1 High-Tech News Site in Japanese)
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| Sichuan, China Reports US$357M Contracted Investments
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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.
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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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