Trade & Investment

Xiamen approves 54 overseas investment projects in H1 of 2014

Updated: 2014-07-30
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Read more on: Xiamen ODI   Xiamen overseas investment  
   
According to the Xiamen Municipal Bureau of Commerce, Xiamen approved 54 overseas investment projects in the first half of 2014, up 58.2% compared with the same period of the previous year.

The contracted investment volume reached $542 million, up 16.9% year on year, among which the total amount of China’s investments reached $511 million, increasing 230.3% compared with the same period of last year.

The investment projects were mainly distributed in 14 countries and areas such as Hong Kong, America, and Singapore. As the main investment market of Xiamen, Hong Kong received 28 new investment projects in the first half of 2014, with a total investment volume of $465 million.
 
Xiamen has launched 628 overseas investment projects totaling $2.89 billion so far this year. 
 
SOURCE: WOX Team
 
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