Foreign investment on rise in Ningbo
- Details
- Category: Ningbo News
- Published: Monday, 10 December 2012 10:18
Despite the flagging global economy, Ningbo is still favored by foreign investors. According to the updated statistics of Ningbo Municipal Administration of Industry and Commerce, in the past four years, the annual foreign investment on average is over 1.2 billion US dollars. In the first 10 months this year, the investment amounts to 1.5 billion US dollars.
By the end of October, the city's foreign-funded enterprises amount to 6303, with the investment totaling 57.3 billion US dollars, and the registered capital 31.8 bmillion US dollars, including the foreign subscribed capital totaling of 23.3 US dollars. All the figures increase by 25% year on year. Statistics from the industrial and commercial administrative department show that since 2009, the foreign investment in Ningbo has maintained high, with an increase of over 200 enterprises every years.
Read more: Foreign investment on rise in Ningbo