Thursday, July 5, 2007

Mining a new hotspot for overseas investment

Chinanews, Beijing, November 15 – Mining industry has become another hotspot for overseas investment this year, especially the mines in western provinces and autonomous regions, like Yunnan, Xinjiang, Qinghai, etc.    The great demand for energy in the world has injected new vigor into mining industry worldwide. This country being in the key period of its 11th Five-Year Plan, energy and resources have never been more important to China.     With abundant reserves and thriving domestic demand, mining industry in China nearly has infinite potential, no wonder it has attracted so much overseas investment.    China will stick to its opening-up policy, and the government is pressing ahead with the reform to create a perfect market environment. New laws and regulations are being made to protect the rights and interests of investors. It can be estimated that mining industry in the country will welcome a win-win situation for both China and the world.

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