China & US hold 20th JCCT meeting
The 20th China-US Joint Commission on Commerce and Trade (JCCT) will be held tomorrow (October 29) in Hangzhou, the capital city of Zhejiang Province. The meeting will be co-chaired by Chinese Vice Premier, Wang Qishan, US Secretary of Commerce Gary Locke and US Trade Representative Ron Kirk. Gary Locke gave details concerning the meeting during a conference yesterday (October 27) in Guangzhou.
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He also commented on the appreciation of the RMB:
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GD Pockets Large in Australia
Yesterday (Oct 27th), a delegation from Guangdong and led by Governor Huang Huahua clinched deals worth over 6.2 billion U.S. Dollars at the Guangdong Hong Kong Australia Cooperation Conference held in Sydney. The meeting was the largest in recent years in terms of scale and transaction volume held between China and Australia. Over 500 people from Guangdong attended the meeting.

Photo from: people.com.cn

China's overseas investment almost triples in Q3
Chinese investment abroad surged 190.4 percent year-on-year to over $20 billion in the third quarter. The Ministry of Commerce attributed the growth in investment to policies the ministry put in place this year amidst the financial crisis to encourage domestic companies to invest overseas. The policies included measures to ease approval procedures for investment, support with financial services and credit, guidance on overseas investments, and arranged trade and investment delegations sent to Europe and the Americas.