Good time for investors to go for green and high-tech

BEIJING - It's a good timing to invest in high-tech and green industries in China as the market is getting more mature, said experts and investors.

Tianjin International Joint Academy of Biotechnology and Medicine, a newly established institute based in the Tianjin Binhai New Area, has attracted more than 90 projects with an investment of about 600 million yuan since it opened last June.

"More than 60 percent are foreign projects and more will come. I think it's a misconception that the investment climate in China is worsening," said Zhou Zeqi, vice-president of the academy. Zhou said now is the right time for foreign investors to enter China's high-tech industries.