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XIAMEN， Sept. 10 (Xinhua)-- Consumption services is the top industry attracting equity investment in China and is expected to dominate the financing market for many years to come， according to an industrial report.

The investment volume un the consumption services sector reached about 16.9 billion U.S. dollars through 395 deals in the first half of 2016， accounting for 71 percent of total investment during the period， according to a report released by Dow Jones and China Association of Private Equity during the ongoing 19th China International Fair for Investment & Trade.

The sector has become a magnet for investors as its volume share in total investment rose from 21 percent in 2006 to 71 percent in 2016 H1.

In contrast， information technology has lost its appeal， with its volume share in total investment dropping from 25 percent in 2006 to seven percent in 2016 H1.

Consumption has become a key driver of China's economic growth and accounted for 73.4 percent of total GDP in the first six months of this year.

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A U.S. national security panel has cleared ChemChina's $43 billion (32.80 billion pounds) takeover of Swiss pesticides and seeds group Syngenta Cheap Maxime Lagace Jersey , the companies said, boosting chances that the largest foreign acquisition ever by a Chinese company will go through.

The decision removes significant uncertainty over the takeover of the world's largest pesticides maker after the two companies agreed a deal in February.

Syngenta did not disclose whether it had made concessions to secure approval but indicated that any such steps would not have a significant impact on its business.

Syngenta shares jumped 11.2 percent by 0900 GMT to 423.4 Swiss francs ($439.7). ChemChina's $465 per share cash offer values the company at around 448 francs at current exchange rates plus a special five-franc dividend.

Kepler Cheuvreux analyst Christian Faitz called the step a ""major milestone for the deal"" Cheap Malcolm Subban Jersey , adding in a note to clients that ""approval removes a major potential hurdle and should come as a relief to Syngenta shareholders"". Kepler Cheuvreux rates Syngenta shares a ""Buy"". Reuters reported earlier on Monday that the acquisition was in the final stages of being cleared by a U.S. panel that scrutinises deals for national security implications.

""China National Chemical Corporation (ChemChina) and Syngenta today announced that the companies have received clearance on their proposed transaction from the Committee on Foreign Investment in the United States (CFIUS),"" a joint statement released by Syngenta said.

The statement made no mention of any concessions required to win clearance.

""We are not disclosing the details of the agreement with CFIUS to respect the confidentiality of the process Cheap William Carrier Jersey ,"" a Syngenta spokesman said by email in response to a Reuters query. ""Any mitigation measures are not material to Syngenta's business.""

Syngenta reiterated that is expected the deal to be finalised by the end of the year.

It said closing the transaction was subject to ""anti-trust review by numerous regulators around the world and other customary closing conditions. Both companies are working closely with the regulatory agencies involved and discussions remain constructive.""

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The CFIUS review is being watched closely by Monsanto Co , the world's largest seed company Cheap Shea Theodore Jersey , which is deliber. Wholesale Jerseys China Wholesale Jerseys From China Wholesale Jerseys From China Cheap Vapormax Grey Cheap Air Max 90 Kids Cheap Air Max 90 Shoes Cheap Nike Air Max 90 Ultra Cheap Nike Vapormax Womens Cheap Nike Air Vapormax White Cheap Air Vapormax Mens