The Chinese Capital city ratified 579 overseas-funded projects during the first four months of the year, up 22.9 percent year-on-year, using 1.95 billion US dollars in contractual overseas investment, more than twice the figure a year ago, according to the Beijing Municipal Commerce Bureau.

About 53 percent of the contractual overseas money introduced in the four months, or 1.04 billion dollars, were injected into manufacturing industries in Beijing, four times the figure a year before, with focuses placed on electronic equipment, pharmaceuticals, and automobiles, said the bureau.

In April alone, foreign trade conducted by enterprises in Beijing recorded 7.9 billion dollars, up 32 percent year-on-year.

The total included 1.55 billion dollars in exports, up 9.2 percent year-on-year, and a record high of 6.35 billion dollars inimports, up 39 percent.