American Dairy, Inc. (OTCBB: ADIY), one of the leading producers and distributors of milk powder and soybean products in China, supports the government’s endeavor to increase its investment in agricultural development projects, in a bid to improve agricultural production capacity, promote agricultural restructuring, and raise farmers’ incomes.

“China’s Ministry of Agriculture and Ministry of Finance’s efforts to educate farmers and find new ways to raise investments for new projects, demonstrates the government’s commitment to continue expanding our industry and China’s economic growth,” said Leng You-Bin, CEO of American Dairy, Inc.

According to James Wolfensohn, World Bank President said, “The Chinese have gained achievements in only 20 years which would have take many other countries two centuries to accomplish.” China’s reported GDP growth of 9.8% in the first quarter, 9.6% in the second and 9.1% in the third quarter of 2004.

China is eager to expand and court the world. During the past 24 years when China implemented reform and it’s “Open Door Policy,” China has developed at an incredible speed in absorbing foreign investment and has made great achievements attracting the world’s attention. Companies such as Coca-Cola (NYSE: KO), McDonald’s (NYSE: MCD), General Electric (NYSE: GE) and General Motors (NYSE: GM) have invested in China because they expect China to be a major growth area for their businesses.

In the last ten years, $400 billion to $500 billion in foreign direct investment has flowed into the country while many investors have enjoyed double-digit returns. For example: China Netcome reportedly had been expecting to raise $1.5 billion through listings in New York and Hong Kong. Other public Chinese companies include: China Automotive Systems, Inc. (NASDAQ: CAAS), China Digital Wireless, Inc. (OTCBB: CHDW), Euro Tech Holdings (NASDAQ: CLWT), LJ International, Inc. (NASDAQ: JADE), Tiens Biotech Group (USA) Inc. (OTCBB: TBGU) and Pacific Net, Inc. (NASDAQ: PACT).