On Oct. 11st, 2010 West Lake International Exposition Investment Cooperation Week was launched, along with the opening ceremony of International Investment Summit.
The Investment Cooperation Week this year will continue until Oct. 20th. The theme of the Week is to Catch Development Opportunity, Accelerate Transformation and Upgrade, and Deepen International Cooperation . Key projects aiming to invite foreign investment involve urban agriculture industry, modern industry, modern service industry and culture creativity industry.
It is reported that from January to August this year, Hangzhou has newly authorized 331 foreign investment enterprises and contractual foreign investment of 4.314 billion US dollars, increased by 42.93% over the same period last year. Investment funds available account for 2.561 billion US dollars with the share of 39% throughout Zhejiang. The utilization of foreign funds in Hangzhou continues to lead in Zhejiang.