Foreign Businessmen Favor Investment in Ningxia
Post Date: 24 Jul 2010 Viewed: 494
Pushed forward by the national macroeconomic policies, the domestic economy has obviously recovered, driving Ningxia to turn better in absorbing foreign investment and guiding diversified investment in such areas as electricity, sewage treatment and manufacturing. From January to June, there were 9 newly established foreign-invested enterprises with contracted foreign capital of USD67.52m and the actually utilized foreign capital of USD36.40m, a year-on-year increase of 46.8%. Among the newly established 9 enterprises, there was 1 electric power enterprise, 1 sewage treatment enterprise, 3 manufacturing enterprises and 4 farming processing enterprises.