The Ministry of Foreign Trade and Economic Co-operation (MOFTEC) has finished drafting revisions to three laws covering foreign investment in China.

The draft revisions have been sent to the State Council for approval, Wen Zaixing, vice-director of the general office at the trade ministry said.

The ministry is also drafting laws to cover anti-dumping moves and others areas relating to foreign investment, he added.

Wen made the announcement Thursday at the fourth China Fair for International Investment and Trade, to be held in Xiamen in Fujian Province.

The fair, China's largest relating to international investment, is scheduled to open Friday and last until next Tuesday.

Forty-three groups are seeking partners for more than 10,000 projects at the fair, according to a booklet from the sponsors, Fujian provincial government and Xiamen municipal government.

MOFTEC, the organizer, said it had chosen 888 key projects to offer to foreign investors. These key projects have been advertised on-line and in the fair's booklets.

There are more than 200 visiting foreign industrial and commercial enterprises, government organizations and key companies at the fair. More than 4,000 business people are also expected to attend.

China's pending entry to the World Trade Organization (WTO) and its commitment to WTO rules are expected to improve the country's investment environment and boost foreign investors confidence in China.