Tools: Save | Print | E-mail | Most Read
N. China City Posts Double-digit Growth in FDI Attraction
Adjust font size:

Tianjin, a traditional manufacturing base in northern China, used US$2.02 billion in foreign direct investment in the first half of this year, a year-on-year growth of 15.9 percent.


Latest official data show that between January and June, Tianjin approved establishment of 90 foreign-funded companies each with an investment of at least US$10 million, or 16.8 percent of the city's total newly approved projects with input from abroad. The companies absorbed combined contracted foreign capital of US$2.55 billion.


The service sector held the sway in foreign capital utilization.


It used US$2.07 billion in FDI in the six-month period, or 52.7 percent of the city's total. The money, mainly going to real estate, logistics, management consulting and software development projects, was 41.4 percent more than the year-earlier level.


(Xinhua News Agency July 21, 2006)

Tools: Save | Print | E-mail | Most Read

Related Stories
Central China Sees Rapid FDI Inflow
Foreign Investment Hits US$72.4 Bln
Actual FDI Reaches US$72.4 Bln in 2005
Foreign Investment Up 6.4% in First Quarter
Investment -- New Trend Expected to Emerge
China to Further Encourage Foreign Investment
China Optimistic About Steady Foreign Investment

Product Directory
China Search
Country Search
Hot Buys
SiteMap | About Us | RSS | Newsletter | Feedback
Copyright © All Rights Reserved     E-mail: Tel: 86-10-88828000 京ICP证 040089号