Beijing reports double-digit rise in overseas investment ( 2003-12-21 14:51) (Xinhua)
China's capital registered 2.01 billion US dollars of overseas investment in
the first 11 months of the year, up 16.9 percent from the same period last year.
The growth rate was 17 percentage points more than the national average, said
Yan Ligang, spokesman for the Municipal Bureau of Commerce.
The city approved 1,234 overseas financed ventures, with contractual overseas
investment amounting to 2.75 billion US dollars, up 7.2 percent. Of the overseas
backed ventures, 759 were engaged in service trades, including wholesale and
retail, and financial services.
|