A bulk carrier freighted with goods on a pier in Lianyungang http://www.pistonsprostore.com/kids-chauncey-billups-pistons-jersey/ , East China. (Xinhua file photo)
BEIJING, Aug. 15 (Xinhua) -- Foreign direct investment (FDI) into the Chinese mainland dropped 1.2 percent year on year in the first seven months to 485.42 billion yuan (72.79 billion U.S. dollars), data from the Ministry of Commerce showed Tuesday.


In the first seven months, 17 http://www.pistonsprostore.com/kids-caron-butler-pistons-jersey/ ,703 new foreign-funded companies were established, up 12 percent year on year, according to the ministry.


The trend of an influx of foreign investment into high-end sectors continued, data showed.


High-tech manufacturing saw FDI rise 8.3 percent to 37.39 billion yuan http://www.pistonsprostore.com/kids-bruce-brown-jr-pistons-jersey/ , while foreign investment in high-tech services surged 16.8 percent to 70.31 billion yuan.


Non-financial outbound direct investment (ODI) by Chinese companies dropped 44.3 percent year on year in the first seven months to 57.2 billion U.S. dollars, mainly due to government measures to curb irrational investment.


Outbound investment in real estate, culture, sports and entertainment sectors saw substantial declines during the period http://www.pistonsprostore.com/kids-blake-griffin-pistons-jersey/ , the ministry said.


Meanwhile, outbound investment to countries involved in the Belt and Road Initiative stood at 7.65 billion dollars, accounting for 13.4 percent of the total ODI, up 5.7 percentage points from the same period in 2016.


While Chinese companies are going global http://www.pistonsprostore.com/kids-bill-laimbeer-pistons-jersey/ , FDI still makes great sense for China today.


From research and development centers and technological spillover to the acquisition of world-class management skills, the impact of FDI in China is huge.


The Chinese leadership has promised to create "a stable, fair, transparent and predictable business environment" with a range of measures under way.


China has created 11 free trade zones where foreign firms can avoid red tape when applying for registration. It is shortening the list of sectors that are off-limits to foreign investors http://www.pistonsprostore.com/kids-ben-wallace-pistons-jersey/ , as well as reducing market entry restrictions for industries such as transport and financial services.




NEW DELHI, Aug. 8 (Xinhua) -- At least eight people were killed and 25 others injured Tuesday after a passenger bus they were travelling in fell into a canal in India's eastern state of West Bengal, police said.


The accident took place at Tehatta village in Nadia district, about 150 km north of Kolkata http://www.pistonsprostore.com/kids-andre-drummond-pistons-jersey/ , the capital of West Bengal.


"Today a bus carrying passengers overturned and fell into a canal, killing eight people and injuring 25 others," a police official said.


Reports said the bus was speeding and its driver lost control resulting in the accident.


Soon after the accident, locals said they rushed to the spot to rescue the injured and informed police.


The injured http://www.pistonsprostore.com/kids-allen-iverson-pistons-jersey/ , according to police, were rushed to Shaktinagar district hospital.


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SRINAGAR， Indian-controlled Kashmir， Aug. 5 (Xinhua) -- Indian police and paramilitary troops Friday fired protesters across Indian-controlled Kashmir， killing three civilians and injuring over 200 others， officials said.


The protesters took to roads following Friday afternoon congregational prayers defying curfew and restrictions in the restive region that is seething with protests for the past 27 days.


Anti-India sentiment runs deep in the psyche of majority of Kashmiris.


According to police officials， two civilians were killed in Budgam district， while as the third one was killed in Sopore town of Baramulla district.


Reports said police and paramilitary troopers fired bullets， pellets and tear smoke shells to disperse the protesters.


"The situation was tense throughout the day in almost all the places， with protesters shouting anti- India and pro-freedom slogans filling the roads and alleys，" a police official authorised not to talk to media told Xinhua. "Today three deaths were reported and the number of injured is said to be over 200."


Friday's killings has brought the number of people killed in ongoing wave of unrest at least to 55.


Health officials put the number of civilians injured since the out break of protests to more than 3000. More than 100 people have also lost eyesight after being hit by pellets.


A senior police official said government forces fired to stop violent crowds from attacking them.


Authorities in the morning had extended restrictions and curfew to almost all the major towns and villages in Muslim majority areas of the region. The move was aimed at foiling the anti-India protest march to Hazratbal shrine， a main shrine in Srinagar city， the summer capital of Indian-controlled Kashmir. The call for march was given by separatists.


Police and paramilitary troopers closed all routes leading to the shrine by laying coils of concertina wire and steel barricades， besides deploying their contingents.


The local government has detained key separatist leaders fearing their participation in demonstrations would intensify anti-India protests and mobilize people in large numbers.


Reports pouring in from other places said people offered prayers in the mosques and took out protest demonstrations in more than two dozen places. The government forces continue to use shotguns for firing pellets on angry crowds despite warnings from India's home ministry and government to minimize their use.


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