Beijing plans to draw foreign investment of about 2.9 billion US dollars this year, according to a meeting of local Communist Party of China (CPC), which just ended on January 8.

Focus will be on the investment of multinationals, and cooperation between large-scale State-owned enterprises and multinationals, the meeting said.

Beijing will make further efforts to improve investment environment, such as strengthening city infrastructure, rebuild in gold urban areas, and supporting high-tech enterprises.

The meeting also said that the government will encourage the private sectors and other enterprises to make proper use of foreign investment.

This year, the city will hold The 3rd International High-tech Industry Week of Beijing and symposiums on cooperation between Beijing, Hong Kong and Taiwan. It will make preparations to welcome more investment from countries in Asia, the European Union, North America and other regions in the world. (Xinhua)