| Jan.-May Contracted Amount of Foreign Investment Utilization Exceeded Five Billion U.S. Dollars in Shanghai |
| Thursday,June 14,2007 Posted: 06:12 BJT(2212 GMT) MOFCOM Shanghai Office |
According to statistics, from January to May this year, Shanghai had approved 1589 foreign-invested projects. The contracted foreign-investment amount was USD5.53b, of which USD3.204b was increased capital, up to 57.9%. Among them, in May, Shanghai approved 165 foreign-invested projects with contracted foreign-invested amount of USD1.202b. By the end of May, Shanghai had approved 46136 foreign-invested projects with contracted foreign investment accounting for USD120.065b. |
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