During the first two months of this year, the city government approved 281 foreign-funded projects with a contractual value of $751 million and an actually used capital of $347 million, representing a year-on-year increase of 25%, 45% and 43%.

During the period, 23 big projects with a total investment above $10 million each were introduced into the city. 58 local foreign-funded enterprises added a total of $59 million investment to their projects in Qingdao. 3 Fortune Global 500 enterprises invested 3 projects in the city respectively. They were Qingdao Hisense & Hitachi Air-conditioner System Co.Ltd with a total investment of $24 million, Qingdao Kameda Food Stuff Co.Ltd with an investment of $9.9 million and Japan New Packaging Material Co.Ltd with an investment of $1.6 million.

(QDTV__Seven Days)