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Beijing Reports Double-Digit Rise in Overseas Investment

China's capital registered  US$2.01 billionof overseas investment in the first 11 months of the year, up 16.9 percent from the same period last year.

The growth rate was 17 percentage points more than the national average, said Yan Ligang, spokesman for the Municipal Bureau of Commerce.

The city approved 1,234 overseas financed ventures, with contractual overseas investment amounting to  US$2.75 billion, up 7.2 percent. Of the overseas backed ventures, 759 were engaged in service trades, including wholesale and retail, and financial services.
 
(Xinhua News Agency December 22, 2003)

Overseas Investment Surveyed
Beijing Sees Rise in Overseas Investment
Tianjin Reports Boom in Overseas Investment
More Influx of Overseas Investment Expected
Over 15,000 Overseas-Funded Businesses Approved in Beijing
China Uses More Overseas Investment in 2000
New Measures Encouraging Foreign Investment
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