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A bulk carrier freighted with goods on a pier in Lianyungang nike air max plus tn ultra uomo italia , East China. (Xinhua file photo) BEIJING, Aug. 15 (Xinhua) -- Foreign direct investment (FDI) into the Chinese mainland dropped 1.2 percent year on year in the first seven months to 485.42
billion yuan (72.79 billion U.S. dollars), data from the Ministry of Commerce
showed Tuesday.


In the first seven months, 17,703 new foreign-funded companies were established, up 12 percent year on year nike air max plus tn ultra donna italia , according to the ministry.

The trend of an influx of foreign investment into high-end sectors continued, data showed.


High-tech manufacturing saw FDI rise 8.3 percent to 37.39 billion yuan, while foreign investment in high-tech services surged 16.8 percent to 70.31 billion
yuan.


Non-financial outbound direct investment (ODI) by Chinese companies dropped 44.3 percent year on year in the first seven months to 57.2 billion U.S.
dollars, mainly due to government measures to curb irrational investment.


Outbound investment in real estate, culture, sports and entertainment sectors saw substantial declines during the period nike air max plus tn ultra italia , the ministry said.

Meanwhile, outbound investment to countries involved in the Belt and Road Initiative stood at 7.65 billion dollars, accounting for 13.4 percent of the
total ODI, up 5.7 percentage points from the same period in 2016.


While Chinese companies are going global, FDI still makes great sense for China today.


From research and development centers and technological spillover to the acquisition of world-class management skills, the impact of FDI in China is
huge.


The Chinese leadership has promised to create "a stable nike air max plus rosse italia , fair, transparent and predictable business environment" with a range of measures under way.


China has created 11 free trade zones where foreign firms can avoid red tape when applying for registration. It is shortening the list of sectors that are
off-limits to foreign investors, as well as reducing market entry restrictions
for industries such as transport and financial services.


NEW DELHI, Aug. 8 (Xinhua) -- At least eight people were killed and 25 others injured Tuesday after a passenger bus they were travelling in fell into a canal
in India's eastern state of West Bengal, police said.


The accident took place at Tehatta village in Nadia district, about 150 km north of Kolkata nike air max plus donna italia , the capital of West Bengal.

"Today a bus carrying passengers overturned and fell into a canal, killing eight people and injuring 25 others," a police official said.


Reports said the bus was speeding and its driver lost control resulting in the accident.


Soon after the accident, locals said they rushed to the spot to rescue the injured and informed police.


The injured, according to police, were rushed to Shaktinagar district hospital.


China marks 70th anniversary of first autonomous region

China to establish 1st Mars simulation base in Qinghai

Celebration of 50th anniv. of ASEAN's founding held in Philippines

People mark national Fitness Day around China

People mark national Fitness Day around China

Aerial view of Gula Town in S China

Qiandao Lake: Home to 114 known fish species

Delicious in-flight meal for BRICS Summit

LEADERS of the G20 nations nike air max plus nere italia , the world’s biggest developed and emerging economies, have agreed to oppose protectionism, President Xi Jinping said
yesterday.


“We have agreed ... to support the multilateral trade system and oppose protectionism,” he said after hosting the G20 summit in Hangzhou.


Freer trade poses a dilemma for the leaders of several countries, who have to contend with rising populism and a perception that the global economic order
exemplified by the G20 is not working for ordinary people.


Xi said that relying only on fiscal and monetary policy for growth would not work.


“We need to reignite the engine of growth via innovation,” he said nike air max plus bianche italia , adding that the G20 had adopted “guiding principles” for investment policy management.


“It is the world’s first framework of multilateral investment rules,” he said without giving details.


Leaders at the G20 summit have tried to walk a fine line — acknowledge anti-globalization anger while arguing that ever more liberal trade is the cure
for sluggish economies.


“The feeling of the G20 is that if we do not address the question of fairness, it will endanger global governance as we know it,” a senior European
diplomat told reporters.


G20 leaders sought to put a gentler face on global trade, touting its benefits in lifting millions out of poverty, while acknowledging that too many
had been left behind.


Germany’s Angela Merkel best illustrated the delicate approach nike air max plus uomo italia , calling for the system to be made fairer but also speaking out against the temptation to look inward, with “protectionist
measures that put the brakes on growth.”


“The fight against inequality is an important theme, to firmly connect growth and social justice,” Merkel said.


French President Francois Hollande said: “France is for globalization but on condition that it is regulated, that there are principles, standards nike air max plus toddler italia , particularly for the environment, for society.”


US President Obama came to the summit to advocate his two signature trade deals for the European Union and Asia-Pacific. But at home his party’s nominee
Hillary Clinton has disowned the policies, which stand to lose her votes.


For opponents of free trade, there is no bigger target than the Transatlantic Trade and Investment Partnership which Washington wants to finalize before Obama
steps down in January.


Activists have criticized it since negotiations began in 2013, believing it will give big business unfair benefits and allow multinationals to escape
regulation through the backdoor.


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Posted 04 Apr 2018

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