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Zhejiang: This Year’s Overseas Investment Was Doubled and Redoubled
2010-08-19
Brief:From the beginning of the year, Zhejiang province's total overseas investment and Chinese investment verified and approved of the province have been on the rise at high speed.

The latest information issued by the Division of Foreign Investment under the Development and Reform Commission of Zhejiang Province indicated that from the beginning of the year, total overseas investment and Chinese investment verified and approved of the province have been on the rise at high speed.

Based on statistics, from January to June, the newly approved and verified and approved foreign enterprises and institutes amounted to 244 in the province, with total investment of USD979m and Chinese investment of USD643m, up 206.99% and 112.35% year-on-year respectively.

The above-mentioned Division stated that in terms of the distribution of domestic subject, Ningbo, Hangzhou and Shaoxing still took the lead in investment scale, with Lishui investment growth increasing rapidly; and for the country and region of overseas investment, Hong Kong, the US and Vietnam topped the first three positions in the overseas investment of the province, with Asia remaining the main source of overseas investment.


Xinhua Net
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