Partnership lifts city's investment allure
By Wang Yanlin |
January 10, 2013, Thursday
|
Print Edition
Print Edition
THE Shanghai Investment Promotion Partnership, which enhances two-way investment, has helped the city attract a record high level of foreign capital last year, a senior official said yesterday.
With 73 overseas investment-facilitating institutions as its members and another 26 members from the Chinese mainland, the partnership, created in May, also helped the city to invest globally at a broader and higher level.
"The mechanism, an innovation in Shanghai, has played an active role in strengthening cooperation and communication among local and overseas investment-facilitating institutions," Chen Xianjin, vice president of the Shanghai Commission of Commerce and secretary-general of the partnership, said at its annual meeting.
Last year, Shanghai attracted a record-high US$15.2 billion foreign direct investment, up an annual 20 percent. The outbound investment rose 22 percent to US$3.07 billion in the first 11 months of last year.
With 73 overseas investment-facilitating institutions as its members and another 26 members from the Chinese mainland, the partnership, created in May, also helped the city to invest globally at a broader and higher level.
"The mechanism, an innovation in Shanghai, has played an active role in strengthening cooperation and communication among local and overseas investment-facilitating institutions," Chen Xianjin, vice president of the Shanghai Commission of Commerce and secretary-general of the partnership, said at its annual meeting.
Last year, Shanghai attracted a record-high US$15.2 billion foreign direct investment, up an annual 20 percent. The outbound investment rose 22 percent to US$3.07 billion in the first 11 months of last year.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
