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Ningxia gained $150 mln foreign investment in H1
By Sun Anyi
China.org.cn, July 27, 2011 Print  E-mail

In the first half this year, Ningxia saw eight newly established enterprises with foreign investment, down 11 percent from last year.

Contractual foreign investment hit $ 86.71 million, up 28.42 percent. Around $150 million foreign investment is actually used, up 313 percent from a year earlier.

In the first half year, industries attracting foreign investment are more diversified, changing from traditional agriculture, manufacture and business service industry to sewage treatment, microcredit, finance guarantee, value-added telecom operators and other new services.

Business fields attracted more foreign capital and eight foreign corporations applied to open shops in Lapus Close Water Square and the business community of Wanda plaza. Foreign capita's driving effect to import and export of Ningxia is obvious.

 

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