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Manage   UN urges caution over RMB revaluation Gov't estimates new investment for 3G phones China financial futures exchange set up in Shanghai Apple's iMac feels the need for speed China Life to go listed in A-share market following ICBC China tightens land supply to curb economic overheating carve out   China raises tax threshold for domestic firms China, Arabian states vow to promote petrochemical cooperation Instant noodles use up one-tenth of China's wheat crop Microsoft designs a school system One trillion yuan spent on western infrastructure ICBC to raise up to US$19 billion in possible record-setting IPO Industry   U.S. invest 5 bln USD in China's oil, gas exploration projects Foreign companies' trademark application in China increases rapidly China strives to become int'l service outsourcing powerhouse Supercomputer aiming for petaflop Premier Wen confident in long-term economic boom China Mobile, BOC sign 2008 Olympics co-op deal

China's fixed asset investment in August drops 5.9% BEIJING, Sept. 12 (Xinhua)-- China's fixed asset investment in August dropped by 5.9 percent from July this year, said Qiu Xiaohua, head of the National Bureau of Statistics. Qiu said it means that the macro control efforts have achieved tangible results and China should do more work to bring fixed asset investment back onto the right track. Growth in the country's fixed assets in the first eight months this year was 29.1 percent. Enditem

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