Investment to be stimulated
<p><span word="A">A</span> <span word="joint">joint</span> <span word="investment">investment</span> <span word="promotion">promotion</span> <span word="group">group</span> <span word="was">was</span> <span word="set">set</span> <span word="up">up</span> <span word="between">between</span> <span word="China">China</span> <span word="and">and</span> <span word="Ireland">Ireland</span> <span word="on">on</span> <span word="Sunday">Sunday</span> <span word="as">as</span> <span word="the">the</span> <span word="Irish">Irish</span> <span word="prime">prime</span> <span word="minister">minister</span> <span word="called">called</span> <span word="for">for</span> "<span word="every">every</span> <span word="effort">effort</span>" <span word="to">to</span> <span word="be">be</span> <span word="made">made</span> <span word="to">to</span> <span word="realize">realize</span> <span word="the">the</span> <span word="relationship">relationship</span>'<span word="s">s</span> <span word="potential">potential</span>.</p><p><span word="The">The</span> <span word="agreement">agreement</span> <span word="to">to</span> <span word="set">set</span> <span word="up">up</span> <span word="the">the</span> <span word="investment">investment</span> <span word="group">group</span> <span word="was">was</span> <span word="signed">signed</span> <span word="by">by</span> <span word="the">the</span> <span word="Ministry">Ministry</span> <span word="of">of</span> <span word="Commerce">Commerce</span> <span word="and">and</span> <span word="the">the</span> <span word="Irish">Irish</span> <span word="Ministry">Ministry</span> <span word="of">of</span> <span word="Jobs">Jobs</span>, <span word="Enterprise">Enterprise</span> <span word="and">and</span> <span word="Innovation">Innovation</span>.</p><p><span word="The">The</span> <span word="deal">deal</span> <span word="coincides">coincides</span> <span word="with">with</span> <span word="China">China</span> <span word="seeking">seeking</span> <span word="more">more</span> <span word="investment">investment</span> <span word="opportunities">opportunities</span> <span word="in">in</span> <span word="Europe">Europe</span>.</p><p><span word="The">The</span> <span word="total">total</span> <span word="value">value</span> <span word="of">of</span> <span word="Chinese">Chinese</span> <span word="investment">investment</span> <span word="in">in</span> <span word="Ireland">Ireland</span> <span word="is">is</span> <span word="now">now</span> $148 <span word="million">million</span>, <span word="Vice">Vice</span>-<span word="President">President</span> <span word="Xi">Xi</span> <span word="Jinping">Jinping</span> <span word="said">said</span> <span word="on">on</span> <span word="Monday">Monday</span> <span word="at">at</span> <span word="the">the</span> <span word="China">China</span>-<span word="Ireland">Ireland</span> <span word="Trade">Trade</span> <span word="and">and</span> <span word="Investment">Investment</span> <span word="Forum">Forum</span>, <span word="attended">attended</span> <span word="by">by</span> <span word="about">about</span> 300 <span word="company">company</span> <span word="executives">executives</span> <span word="from">from</span> <span word="both">both</span> <span word="countries">countries</span>.</p><p><span word="Xi">Xi</span> <span word="said">said</span> <span word="that">that</span> <span word="China">China</span>'<span word="s">s</span> <span word="total">total</span> <span word="foreign">foreign</span> <span word="investment">investment</span> <span word="is">is</span> <span word="likely">likely</span> <span word="to">to</span> <span word="reach">reach</span> $500 <span word="billion">billion</span> <span word="in">in</span> 2015. "<span word="This">This</span> <span word="will">will</span> <span word="bring">bring</span> <span word="business">business</span> <span word="opportunities">opportunities</span> <span word="for">for</span> <span word="companies">companies</span> <span word="from">from</span> <span word="all">all</span> <span word="over">over</span> <span word="the">the</span> <span word="world">world</span>, <span word="Ireland">Ireland</span> <span word="included">included</span>," <span word="he">he</span> <span word="said">said</span></p><p><span word="China">China</span> <span word="will">will</span> <span word="continue">continue</span> <span word="to">to</span> <span word="encourage">encourage</span> <span word="Chinese">Chinese</span> <span word="firms">firms</span> <span word="to">to</span> <span word="invest">invest</span> <span word="in">in</span> <span word="Ireland">Ireland</span>, <span word="Xi">Xi</span> <span word="said">said</span> <span word="and">and</span> <span word="he">he</span> <span word="also">also</span> <span word="welcomed">welcomed</span> <span word="Irish">Irish</span> <span word="companies">companies</span> <span word="to">to</span> <span word="invest">invest</span> <span word="in">in</span> <span word="China">China</span>, <span word="especially">especially</span> <span word="in">in</span> <span word="the">the</span> <span word="traditional">traditional</span> <span word="industrial">industrial</span> <span word="bases">bases</span> <span word="of">of</span> <span word="Northeast">Northeast</span> <span word="China">China</span>.</p><p><span word="He">He</span> <span word="called">called</span> <span word="for">for</span> <span word="both">both</span> <span word="countries">countries</span> <span word="to">to</span> <span word="cooperate">cooperate</span> <span word="more">more</span> <span word="in">in</span> <span word="high">high</span>-<span word="tech">tech</span> <span word="sectors">sectors</span> <span word="such">such</span> <span word="as">as</span> <span word="software">software</span> <span word="and">and</span> <span word="bio">bio</span>-<span word="pharmaceuticals">pharmaceuticals</span>.</p><p><span word="China">China</span> <span word="is">is</span> <span word="a">a</span> <span word="reliable">reliable</span> <span word="friend">friend</span> <span word="for">for</span> <span word="Europe">Europe</span> <span word="and">and</span> <span word="Ireland">Ireland</span>, <span word="Xi">Xi</span> <span word="said">said</span>, <span word="especially">especially</span> <span word="amid">amid</span> <span word="efforts">efforts</span> <span word="to">to</span> <span word="emerge">emerge</span> <span word="from">from</span> <span word="the">the</span> <span word="eurozone">eurozone</span> <span word="crisis">crisis</span>. <span word="Xi">Xi</span> <span word="reiterated">reiterated</span> <span word="China">China</span>'<span word="s">s</span> <span word="support">support</span> <span word="for">for</span> <span word="Europe">Europe</span>.</p><p><span word="Irish">Irish</span> <span word="Prime">Prime</span> <span word="Minister">Minister</span> <span word="Enda">Enda</span> <span word="Kenny">Kenny</span> <span word="said">said</span> <span word="that">that</span> <span word="Ireland">Ireland</span>'<span word="s">s</span> <span word="advantages">advantages</span> <span word="represent">represent</span> "<span word="an">an</span> <span word="enormous">enormous</span> <span word="opportunity">opportunity</span> <span word="for">for</span> <span word="China">China</span>".</p>
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