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Foreign investment flows in
By Gu Jialan and Fei Lai |
December 28, 2009, Monday
|
Print Edition
Print Edition
JIADING has attracted contract foreign capital of US$850 million this year and newly approved 141 foreign-invested enterprises to open for business in the area.
Among them, 91 enterprises were in the service industry, with a contract foreign capital of US$454 million.
These approved projects mainly deal with businesses such as real estate, commerce and trade, and business services.
This year, Jiading has also attracted a batch of enterprises to promote industry clustering and structure optimization.
It was highlighted by the attraction of 10 headquarter projects, which accounted for 15 percent of the city's total. They included investment headquarters and management ones, as well as research and development centers and sales centers.
Autos, machinery, furniture and chemical industry were the sectors involved.
Scientific research institutions are being resettled in Jiading at a quicker pace this year, which provides intellectual support for the District's development.
Five institutions, a center and a base of Chinese Academy of Science have settled in the District.
By the end of October, the comprehensive economic efficiency index of Jiading's 2,393 industrial enterprises above designated size reached 161.5, an increase of 26 percent from earlier this year. These enterprises reached a total profit of 8.47 billion yuan (US$1.240 billion), an increase of 13.4 percent from the same period last year.
Among them, 91 enterprises were in the service industry, with a contract foreign capital of US$454 million.
These approved projects mainly deal with businesses such as real estate, commerce and trade, and business services.
This year, Jiading has also attracted a batch of enterprises to promote industry clustering and structure optimization.
It was highlighted by the attraction of 10 headquarter projects, which accounted for 15 percent of the city's total. They included investment headquarters and management ones, as well as research and development centers and sales centers.
Autos, machinery, furniture and chemical industry were the sectors involved.
Scientific research institutions are being resettled in Jiading at a quicker pace this year, which provides intellectual support for the District's development.
Five institutions, a center and a base of Chinese Academy of Science have settled in the District.
By the end of October, the comprehensive economic efficiency index of Jiading's 2,393 industrial enterprises above designated size reached 161.5, an increase of 26 percent from earlier this year. These enterprises reached a total profit of 8.47 billion yuan (US$1.240 billion), an increase of 13.4 percent from the same period last year.
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