The rebound next year will be due to government-driven investments, corporate investments and perhaps real estate investments, said Fan Gang, director of the National Economic Research Institute. China's gross domestic product growth rate will reach 8 to 9 percent next year, Fan said.

She said she felt confident her work and life experiences would stand her in good stead.

He noted that the resources tax, to be introduced in 2012, had set up the prospect of a long period of uncertainty which was corrosive to new investment.

A total of 11 people were on trial. Prosecutors had alleged that the defendants were behind a scheme to purchase the rights to broadcast US movies on Berlusconi's private TV networks in his Mediaset empire through a series of offshore companies and had falsely declared the payments to avoid taxes.

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