Another Chinese delegation of businesses and industry leaders, led by the Ministry of Commerce (MOC), left for four European countries on Saturday for investment and economic cooperation, the MOC said.

The business delegation, following purchases totaled more than US$10 billion in Europe by a Chinese procurement delegation in late February, are heading for the same destinations of Germany, Switzerland, Spain and Britain.

The new delegation will explore investment opportunities on areas of automobile, machinery, textile, food, electronics and technologies relating to energy saving and environment protection.

An MOC official said "the move would further strengthen cooperation between Chin and Europe and create a win-win result in tackling the global economic downturn."

The delegation are composed of more than 20 top Chinese companies, as well as several national trade associations and government officials.

(Xinhua News Agency March 8, 2009)