..
Overseas Investment Hit a New High in 2018 above 246.86% over the Year Earlier
en.hangzhou.com.cn   2019-01-28 14:49   Source: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
Back