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March 2003
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NEWS COLUMN

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Business in Brief

 

Seven Sectors Hoist Industrial Growth
Steel Tariffs to Drop as a Result of Pressure from Domestic Manufacturers
Foreign Investors Are Allowed to Buy Out Operating Rights over Tianjin's Scenic Areas

Woodworking Machinery in Great Demand
Mineral Resources Running out
Volkswagen First of Shanghai's Top 100 Enterprises
Chinese Netizens Increase by 13.3 Million in Six Months
Top Consumption Items in Beijing

Foreign Investors Are Allowed to Buy Out Operating Rights over Tianjin's Scenic Areas

Tianjin plans to use foreign investment for a series of large landmark tourism facility projects. World famous tourism corporations are now welcome to run tour services in the city, and foreign investors are allowed to purchase operation rights in scenic areas. The city is also encouraging foreign investment as regards construction and management of three- to five-star hotels and tourist resorts.

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