National People's Congress
Chinese People's Political Consultative Conference
Deputies in Brief
Meeting Agenda
The Ninth National People's Congress begined from March 5, 2002.
The CPPCC begined at the Great Hall of the People from March 3, 2002.
China Sets Record in Using Overseas Investment
China used a record US$46.8 billion in overseas investment in 2001, a rise of 14.9 percent from the previous year, Foreign Trade Minister Shi Guangsheng said Tuesday.

China absorbed US$69.19 billion in contractual foreign investment last year, a yearly of 10.43 percent.

Obvious increase was recorded in the number of newly approved high-tech projects, information technology and large petrochemical projects and foreign-funded research and development centers.

At the same time, more overseas investment went to central and western China, Shi said at a press conference sponsored by the on-going Fifth Session of the Ninth National People's Congress.

(Xinhua News Agency March 12, 2002)


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