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Home >> Business
UPDATED: 09:16, July 19, 2004
Tianjin sees robust rise of foreign trade, investment
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North China's municipality Tianjin continued to grow in foreign trade and foreign investment in the first six months this year, local statistics showed.

According to statistics from the municipal foreign trade commission, the port city's contracted foreign capital in the first half year reached 3.22 billion US dollars. Its utilized foreign capital reached 1.29 billion US dollars, up 67.3 percent and 34.3 percent over the same period of last year.

The city's exports hit a record high, climbing to 9.38 billion US dollars in the first six months of this year, up 44 percent from the same period last year.

Companies with foreign investment contributed 82 percent to thecity's export, statistics showed.

Source: Xinhua

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