By Li Dapeng

 Having participated in the China International Fair for Investment and Trade (CIFIT) for six straight years, the United Kingdom again plans to send a delegation to attend the upcoming Eighth CIFIT, according to officials with British Embassy in China.
 CIFIT offersforeign countries an opportunity to communicate and promote business co-operation with their counterparts from home and abroad during various activities during the fair.
 As China's only international investment promotion event at the state level, the annual CIFIT plays an important role not only in drawing foreign direct investment, but introducing domestic businesses globally.
 The British government has confirmed that they will hold State Pavilion Day at the upcoming fair to bring people up to date on the country's investment environment and policies, aiming to promote more exchanges with other participating businesses and attract more international investment, said sources with the British Embassy.
 Since the Second CIFIT, Britain attended the fair each year. In 2002, the country held "Britain Day" during the fair, which was the first State Pavilion Day in the history of CIFIT.
As a loyal attendee of CIFIT, British businesses have benefited greatly from past CIFIT sessions.
Among European countries, British companies have the most investment in China.
Many major British companies are active in the country, especially in the high-tech, oil and gas, aerospace, financial services and pharmaceutical sectors.
Many famous British companies, including the world's third largest biotechnology company GlaxoSmithKline and the world's largest mobile phone operator Vodaphone, are major investors in China.
"Many companies in our country have seen the great potential of the Chinese market, and are keen to work with Chinese companies in the development of their businesses," British officials said.
Meanwhile, there has been an increase in the number of Chinese companies expanding their operations overseas, and many of them are choosing British partners.
To date, over 170 Chinese enterprises have operated successfully in Britain. Some of them, such as China Unicom, have chosen to list on the London Stock Exchange. Others have set up their European headquarters in Britain.
Britain has long been considered to be Europe's leading business centre, having great impact in a number of fields such as telecoms, e-business, software and semiconductor development, biotechnology, industrial design, life and physical sciences.
As Britain's relationship with China grows, more Sino-British partnerships in other fields will become available, said British officials.


Infrastructure

 The second-phase central heating project
 Location: Weinan City in Shaanxi Province
 Total investment: US$11 million
 Intended mode of investment: Joint venture or sole proprietorship
 Summary of the proposed project: The second-phase project covers an area of 4.34 square kilometres with a heat-supply capacity of 1.02 million square metre per hour. The project consists of a heat-supply project, a first-level network of heat supply, district switching stations of thermo-power and five 29 Mw boilers.

 Century Building
 Location: Zhejiang Province
 Total investment: US$24 million
 Intended mode of investment: Sole proprietorship
 Summary of the proposed project: The building is 120 metres high with flooring space of about 58,000 square metres. The project includes emporiums, apartments and supreme business offices.

Electronics and Information
 National Spark Program Technology Park
 Location: Shilong Town of Dongguan City in Guangdong Province
 Total investment: US$100 million (US$300 million from the sponsor and US$700 million from the investor)
 Intended mode of investment: Joint venture, sole proprietorship or cooperative
 Summary of the proposed project: Target investors shall be IT manufacturers, software companies, R&D institutions or related companies.
 Exterior hardware for the economical mobile phone
 Name: Hongsheng Electronic Factory
 Location: Shanxi Province
 Total investment: US$5 million
 Intended mode of investment: Joint venture or cooperative
 Summary of the proposed project: Founded in 2002, the factory initially has a production capacity of three million sets of exterior hardware for the economical mobile phone and the output value is up to 200 million yuan (US$24.2 million). The products are exported to the Middle East and the Southeast Asia.
 Spare parts and accessories for computers
 Location: Guangdong Province
 Total investment: US$5 million (US$1.5 million from the sponsor, US$3.5 million from the investor)
 Intended mode of investment: Sole proprietorship or cooperative
 Summary of the proposed project: Workshops, dormitories and other places for manufacturing use are provided (7,000 square kilometres for each workshop, 3,000 square kilometres for each dormitory).

Modern logistics
 Tickets booking & examination system for railway, road and sight spots
 Location: Shanxi Province
 Total investment: US$6 million
 Intended mode of investment: Joint venture
 Summary of the proposed project: The project is expected to help improve management of the sight spots by offering easy inquiry and effective supervision.

Agriculture
Stock farm of natural grassland
 Location: Yangzhong Town of Ningde City in Fujian Province
 Total investment: US$1.8 million (US$0.55 million from the sponsor, US$1.25 from the investor)
 Intended mode of investment: Joint venture
 Summary of the proposed project: Tianhu Mountain is located at a high altitude with suitable condition for pasturage.
The factory for quick freezing and cold storage of wugu (black bone) chicken
 Location: Fujian Province
 Total investment: US$1 million
 Intended mode of investment: Joint venture or cooperative
 Summary of the proposed project:
Bairong & wugu (white fluff and black bone) chickens are especially welcome for its high nutrition and fine taste in Southeast Asia.

Service trade
 Quanzhou Urban storage and Delivering Center
 Location: Quanzhou City in Fujian Province
 Total investment: US$6.1 million
 Intended mode of investment: Joint venture or cooperative
Summary of the proposed project: The centre will supply comprehensive logistic service, management expertise and advanced information techniques for circulation processing.
Hotel in Datong Economic and Technological Development Zone
 Location: Datong City in Shanxi Province
 Total investment: US$18.14 million
 Intended mode of investment: Joint venture, sole proprietorship or cooperative
 Summary of the proposed project: A four-star hotel is to be built in the zone, six kilometres from the downtown area and near the Datong Airport.

Petro-chemical
 Production of flexible waterproof antiseptic dope of poly-amino-ester and related products
 Location: Shanxi Province
 Total investment: US$3 million
 Intended mode of investment: Joint venture or cooperative
 Summary of the proposed project: Four projects are to be built for production of new chemical construction materials.
 Polyisophthalogyl metaphenylene diamine fibre
 Location: Fujian Province
 Total investment: US$25.3 million
 Intended mode of investment: Joint-venture, sole proprietorship
 Summary of the proposed project: Polyisophthalogyl metaphenylene diamine fibre (Fanglun 1313 or Nomex) is a kind of high-tech materials with high performance in temperature resisting and thermal stability. During the period of the Tenth Five-Year Plan period (2001-2006), China needs 1,400 tons annually to meet the demand for Fanglun 1313.
 Biological medicine
 GMP Technology transformation and industrialization of the latest medicines of YongChun Pharmaceutical Works
 Location: Fujian Province
 Total investment: US$6 million
 Intended mode of investment: Joint venture, cooperative
 Summary of the proposed project: This project is for transformation of the GMP technology and industrialization of two new medicines (Tuolaming and Meiluoxikang).
 Songshan Lake Northern Science and Technology Industry Park
 Location: Dongguan City in Guangdong Province
 Total investment: US$5 million
 Intended mode of investment: Joint-venture, sole proprietorship, cooperative
 Summary of the proposed project: The industrial park covers an area of 10 square kilometres, focusing biotechnology and pharmaceutical, machinery and micro-electronics industries.
 Energy and environmental protection
 Sewage Treatment Plant
 Location: Shishi City in Fujian Province
 Total investment: US$7.683 million
 Intended mode of investment: Joint venture
 Summary of the proposed project: In order to protect the water resource and improve the environment, it is necessary to build the sewage treatment plant.
 Fly ash sintered bricks
 Location: Shanxi Province
 Total investment: US$7.3 million
 Intended mode of investment: Joint venture
 Summary of the proposed project: The project is affiliated to Shentou Second Power plant which produces fly ash products. It is an environmental friendly project with annual output of 100,000 tons of high-quality fly ash and 800,000 tons of clinker.
Machinery equipment
 Plush toy and clean appliance
 Location: Jiangshu Province
 Total investment: US$1 million
 Intended mode of investment: Joint venture
 Summary of the proposed project: The initiator invites advanced technology, cash and equipment to produce plush toy and clean appliance.
 Color print packaging
 Location: Jiangshu Province
 Total investment: US$1 million
 Intended mode of investment: Joint venture
 Summary of the proposed project: The initiator invites advanced equipment, technology and fund to produce color printing packaging
 Food and beverages
 Qinhuangdao foodstuff base
 Location: Hebei Province
 Total investment: US$150 million
 Intended mode of investment: Joint venture or cooperative
 Summary of the proposed project: The North and Northeast China regions are major grain suppliers and Qinhuangdao is located in the junction of the two regions.
Thanks to the convenient traffic network and rich grain resources, Qinhuangdao sees a promising future for further foodstuff processing.
 Soy protein series products
 Location: Shanxi Province
 Total investment: US$7.763 million
 Intended mode of investment: Joint venture
 Summary of the proposed project: About 60 million-yuan will be invested, 45 million-yuan for fixed assets and 15 million for circulating capital.
Metallurgy and building materials
Color coating steel sheets
 Name: Qinhuangdao Scientific & Technological Investment Company
 Total investment: US$8.5 million
 Intended mode of investment: Joint venture, cooperative
 Summary of the proposed project: In recent years color coating steel sheets are widely used in many fields, such as building material, indoor decoration, transportation equipment, appliances, office equipment and computer fittings. Color coating steel sheet is very poplar in the market. Domestic demand for color coating steel sheets is currently 1,500,000 tons per year, and the annual domestic output is only 900,000 tons. The project is on the west of Qinhuangdao Economic and Technology Development Zone.
 Fujian Taihu copper smelting project
 Location: Fujian Province
 Total investment: US$450 million
 Intended mode of investment: Joint venture
 Summary of the proposed project: Yearly electrolytic copper production is 200,000 t/a; gold ingot production 775 kg/a; silver production 32,900 kg/a; cruse vitriol nickel 1348 t/a; vitriol production 668,000 t/a.
Other
  Sino-foreign cooperative accounting office
 Location: Guangdong Province
 Total investment: US$0.1 million
 Intended mode of investment: Cooperative
 Summary of the proposed project: The investment will be used for training staff, office   expansion and so on.
 Expansion of government office
 Location: Fujian Province
 Total investment: US$19.32 million
 Intended mode of investment: Sole proprietorship or cooperative
 Summary of the proposed project: The original site is in the economically developed downtown area, covering an area of 1.48 hectare.
 Person in charge of the project: Austin Wu, Sandy Zheng
 Tel: 86-592-2669833 2669835 2669836