Chinese Vice Premier Zeng Peiyan says China will further open its national mining market to attract more foreign investment.
Zeng Peiyan made the announcement on Tuesday at the China Mining 2006 conference in Beijing.
He said China will increase international communication and cooperation for geological surveys, as well as actively absorb foreign capital, advanced technology and management for mutual benefit.
Zeng Peiyan added China will support excellent domestic enterprises to go abroad to learn about the prospects of tapping into the country’s mineral resources.
Officials from the Ministry of Land and Resources say to encourage more foreign investment, China will improve its mining industry and investment environment to ensure investors‘ legal rights.
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