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Overseas Investment Hit a New High in 2018 above 246.86% over the Year Earlier

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HangZhou News>>Business>>Investment Guides>>
Overseas Investment Hit a New High in 2018 above 246.86% over the Year Earlier
en.hangzhou.com.cn  2019/01/28 14:49  Hangzhou Daily

2018 saw a remarkable achievement in outbound economic cooperation in Hangzhou, registering excessive amounts over the indicators.

Investment in 2018 by foreign enterprises totaled US $ 54.303 billion in Hangzhou, according to data from the municipal bureau of commerce, with that from local counterparts taking a share of US $ 8.172 billion, marking a rise by 246.86% compared with that in the previous year.

Behind the glowing results has a bettering trend embodied, to a progressively mounting collection of factors at a high level concerning foreign economic cooperation. Correspondingly, a new feature is highlighted characterized with a form of basis on the overseas M&A, a high tech-oriented investment, and a rising global rank for multinationals.

 

Author: Reporter WANG Lili  Correspondents JIN Yanfei & WANG Cong Editor:Dong Lixue
 
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