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Friday, April 21, 2000, updated at 09:55(GMT+8)
Business  

Zhongshan in Guangdong Attracts Overseas Investors

Zhongshan City in south China's Guangdong Province is attracting a growing number of overseas investors.

According to local sources, the city approved 57 overseas- invested projects from January to March, with US$ 184.54 million in contractual overseas investment, representing an annual increase of 35.7 percent and 194.8 percent respectively.

During the same period, US$ 112.8 million of overseas investment was used in Zhongshan, up 3.83 percent from the same period last year.

In the three-month period, the city reported a total foreign trade volume of US$ 1.28 billion, up 24.5 percent year on year. Exports accounted for US$ 770 million and imports, US$ 510 million, up 26.3 percent and 21.7 percent, respectively.




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Zhongshan City is attracting a growing number of overseas investors. The city approved 57 overseas- invested projects from January to March, with US$ 184.54 million in contractual overseas investment.

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