This Chinese national capital of Beijing registered 820 million US dollars in direct overseas investment inflow in the first quarter of the year, up 124 percentfrom the same period last year.

The growth rate is higher than the national average for the period, said sources from the Beijing Municipal Administration forCommerce.

According to the information, the city approved 413 overseas financed ventures from January to March, a rise of 25.5 percent, and the contractual overseas investment was 1.52 billion US dollars, up 106 percent.

Source: Xinhua