China Hosts Intl. Business
Seminar
Tne international business seminar was held Monday Chengdu, capital
of southwest China's Sichuan Province.
Dozens of Chinese economists and some 102 representatives of 70 world-famous enterprises
from 16 countries attended the seminar.
They discussed social and economic development in Chengdu and other cities in western
China, and overseas business people agreed that the booming, opening and large potential
market in these cities has attracted more and more international investors.
Representatives from many prestigious companies including IBM, the Bank of Paris, and
General Electric said they are confident about future investment in Chengdu. They also
held talks on investment and cooperation with local firms in the fields of software and
electronic information, traditional Chinese medicine products, silk goods, and the
beverage and food industry.
At the meeting, Cit-Alcatel, a French telecommunication giant, signed a contract on
developing a GSM network involving an investment of 6.8 million-US dollars. |