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More Venture Capital Abroad to Hog Keeping

Asian Agri-Group, New Asian Capital Foundation and China Growth Opportunity Fund jointed hands to form an investment group in Sichuan Province by signing draft agreements with more than 100 farmer households on livestock industry, and the immediate investment with contract value of RMB70 mil. will go to hog,cattle and pisciculture etc, however, the venture investor said that they would pour some RMB200 mil. into the relevant projects in next two years.

Policies on Seven Sectors to Help Big Nine Industries

China has released more favorable policies recently to back up nine industries, which include overall reform of VAT, adjustment of import/export tax rates, establishment of special fund to support technical renovation of industries, enlargement of loan scale to tackle hardship of cash-flow among MSEs, marketing promotion of industrial products by expanding governmental purchase, increase of strategic inventory of vital raw materials, reform of pricing mechanism for oil, gas, chemical fertilizer etc., supporting merger and restructuring of enterprices to encorage them to “go out” for exploring global market.

Paving Road for Southwest

More than 13 state projects for express way of 1,600 km should have been completed by 2012 in Sichuan Province, Panda hometown and the total length of express way will surpass 3,500 km, hopefully, even up to 3800 km in the province, and by then 12 well-pasted express ways will link Sichuan with its neighboring provinces. At the same time, about 115,000 km of country high way are also to finish.

Favor policies for farmers

 Rise up Corps Purchase Price

China has decided to raise the bottom purchase price for crops to promote farmers’ income, and tried hard to eliminate the bottleneck of consumption by broading more fields for expenditure in order to stablize car,housing and stock markets. All those measures including turning investment into consumption will enhance consuming capabilites among middle or lower class and the consuming aspiration of upper class so as to enlarge the demand for light industry, textile, real estate, cars etc,which,indirectly, will trigger the demand for business to be invested. China has recently released 10 tangible measures to restore its economy. All relevant policies will effectively promote domestic demand, enthusiastically help to rectify eco-structure to run its economy on stable and yet quicker tracks.

Paving Roads for Southwest

  • Paving Roads for Southwest

More than 13 state projects for express way of 1,600 km should have been completed by 2012 in Sichuan Province, Panda hometown and the total length of express way will surpass 3,500 km, hopefully, even up to 3800 km in the province, and by then 12 well-pasted express ways will link Sichuan with its neighboring provinces. At the same time, about 115,000 km of country high way are also to finish.

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