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WTO betters the living conditions of Chinese citizens |
The
long downslide in utilised foreign direct investment (FDI)
in China was finally halted in March 2000, when FDI rose 10.3%
from the previous month. Contracted investment was up by 27%
for Q1 of 2000. As the country moves towards World Trade Organisation
(WTO) entry, many analysts are predicting a steady further
rise in FDI in the rest of 2000.
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Cross-boundary
research ties bring practical benefits to Hong Kong and
China
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Molecular
biosciences and biotechnology research are seen as crucial
elements in China's national strategy for food and healthcare
security. Adequate food and healthcare are top national priorities
in a country that has 22% of the world population but only
7% of the cultivated land. Hence the importance of a tripartite
agreement to pursue bioscience research on into food and healthcare
signed on 22 August 2000 between the Chinese Academy of Sciences,
the Chinese University of Hong Kong and Anson Biotechnology
Enterprise Inc. Cross-boundary research ties bring practical
benefits to Hong Kong and China Over the next five years,
US$12.8 million will be channelled to a research fund and
to research centres in Shanghai and Hong Kong.
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