China set up a new body to encourage incoming and outgoing investment. The China Council for International Investment Promotion, established July 25, is expected to bring together the many investment promotion efforts across China, state media reported. The council is made up of investment promotion agencies, major economic and technological zones, enterprises and organizations. ï¿½It should play a full role as a non-governmental organization,ï¿½ said Deputy Commerce Minister Ma Xiuhong. The council will also act as a communicator, passing down information about investment-related laws to business and channelling back feedback and comments.