Ningbo's overseas investment maintains rapid growth
- Details
- Category: Governmental News
- Published: Wednesday, 18 April 2012 10:10
The first quarter of 2012 saw the approval of 59 overseas enterprises and institutions, in which the approved Chinese investment would reach US$383.3177 million, up by 81.3% over the same period last year and accounting for 12.47% of the cumulative investment. The actual amount of investment reached US$158.8673 million, an increase of 111%, accounting for 10.36% of the cumulative amount.
The approved enterprises and institutions, including 26 trade enterprises, 18 economic and trade offices, eight production-oriented enterprises, an engineering and real estate enterprise, a warehousing and logistics enterprise, four research and development institutions, are located in 20 countries and regions. Among them, 17 enterprises or institutions, including ten trade enterprises, two economic and trade offices, two production-oriented enterprises, a warehousing and logistics enterprise and two research and development institutions, were approved in March, with an approved Chinese investment of US$101.3175 million and actual investment of US$50.211 million. They are distributed in eight countries and regions.
By the end of March, there had been 1,487 approved overseas enterprises and institutions in 97 countries and regions, with an approved Chinese investment of US$3.0735664 billion and actual investment of US$1.533131 billion
