Pearl River Delta (PRD), which once suffered a lot from the international financial crisis, has rendered itself to become a prime place of attracting foreign investment once again with immense business opportunities by utilizing the crisis reversed transmission of the pressure for easing monetary condition to strengthen economic transformation and upgrading.
Data issued by the Guangdong Provincial Bureau of Statistics indicated that from the beginning of this year, foreign direct investment in PRD has continued the good trend of growth since the latter half of last year, with the actually utilized foreign capital going through the eighth consecutive month. In the first quarter, contracted foreign capital in PRD amounted to USD3.561b, up 24.1%. The year-on-year growth of the 3 municipalities, namely, Foshan, Zhongshan and Jiangmen reached 438.7%, 199.6% and 105.2% respectively.
Data issued by the Guangdong Provincial Bureau of Statistics indicated that from the beginning of this year, foreign direct investment in PRD has continued the good trend of growth since the latter half of last year, with the actually utilized foreign capital going through the eighth consecutive month. In the first quarter, contracted foreign capital in PRD amounted to USD3.561b, up 24.1%. The year-on-year growth of the 3 municipalities, namely, Foshan, Zhongshan and Jiangmen reached 438.7%, 199.6% and 105.2% respectively.
