皇冠体育app

Investment from abroad grows fast
( 2002-03-18 10:56 ) (1 )

Foreign capitals are rushing into 皇冠体育app this year after the country introduced nearly US$46.9 billion of foreign direct investment last year.

According to 皇冠体育app Central Television (CCTV), foreign investment in 皇冠体育app has grown at a speed of 28 per cent in the first two months of this year.

By the end of last month, more than 80 per cent of the world's top 500 transnational companies had invested in the country.

And more than 140 foreign businesses have established research and development (R&D) institutions in 皇冠体育app, the report said.

Last year, exports from those foreign-invested enterprises in 皇冠体育app accounted for half of the country's total exports.

For foreign investors and business people, 皇冠体育app, with its relatively cheaper labour, an enormous domestic market and a continuously surging economy, has made itself one of the "fittest investing places" worldwide.