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Chongqing uses 50% more foreign capital

Chongqing uses 50% more foreign capital

Write: Tabansi [2011-05-20]
Southwest China's Chongqing Municipality approved establishment of 191 foreign-funded projects in the first 10 months of this year, an increase of 20.13 percent on the same period of last year, the local commission of foreign trade and economic cooperation said Tuesday.
The projects involved 1.84 billion U.S. dollars in contracted foreign capital, down 2.44 percent year on year.
However, the city actually used 2.81 billion U.S. dollars in foreign capital over the 10 months, up 50.07 percent year on year.
Source:Xinhua