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Forreing Investment Grows Steadily In Quarter One

http://www.qingdaonews.com 2007-05-15 15:27:03

¡¡¡¡In the first quarter of this year Qingdao attracted 327 foreign-invested projects each involving at least 5 million Yuan and had 8.55 billion Yuan worth domestic investments in place, up 19.6% over the same period of last year.

¡¡¡¡By way of integr
ating resources and working out new means to attract foreign projects, Qingdao maintained a stable investment growth during the first three months of this year. The tertiary industries took the lion's share of the investments with projects totaling 150, accounting for 46.2% of the total and close to 3.6 billion Yuan of investment from domestic sources being already in place, climbing 41.6%.

¡¡¡¡The range of Businesses covered also expanded, and basically went to the logistics, finance, trade, tourism, technology, intermediary agents, and freight traffic sectors. In term of the capital sources, investments from outside Qingdao amounted to 327, among which 182 were from other provinces with 3.6 billion Yuan of investment being in place, accounting for 57.9% of Qingdao's total.

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