China encourages private companies to invest abroad
( 2003-08-13 09:30) (Xinhua)
A Chinese trade official said
here Tuesday that China encourages all kinds of enterprises, including private
companies, to invest abroad.
Assistant to Minister Chen Jian of the Ministry of Commerce spoke while
meeting with Gregoire Laourou, Minister of Finance andEconomy of Benin.
China and Benin share great potential for cooperation in the fields of
textile industry, agriculture, machinery products and infrastructure
construction such as building of roads and power stations.
Laourou said that Benin hoped to see more Chinese enterprises investing in
the country and the construction of hospitals, schools, roads and the textile
industry could be priorities.
China-Benin trade hit 250 million US dollars in the first six months of 2003
and the annual trade volume was 430 million US dollars in 2002.
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