Shanghai: Paid-in Foreign Investment over USD100b
Post Date: 26 Aug 2010 Viewed: 466
According to he data released by Shanghai Municiple Commission of Commerce on August 24, as of the end of July, the paid-in foreign investment has accumulatively reached USD101.592b, and Shanghai has become the third area (at provincial level) with over USD100b foreign investment following Guangdong and Jiangsu, whose paid-in rate of foreign investment exceeds 60%.
Since the implementation of reform and opening up policies, Shanghai has approved about 57,700 projects of foreign-invested enterprises, absorbing contractual foreign investment USD168.629b.