Trade & Investment

Xiamen added 174 foreign-invested firms from Jan-May, 2015

Updated: 2015-06-25
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Read more on: Xiamen FIEs   Xiamen foreign investment  
One hundred seventy-four foreign-invested enterprises were set up in Xiamen in the first five months of 2015, according to the Xiamen Commerce Bureau.

From January to May, the contract volume on foreign capital to be utilized reached $1.36 billion, realizing 63.8 percent of the annual target of $2.13 billion. The foreign capital utilized in real terms came to $1.22 billion, realizing 58.3 percent of the annual target of $2.09 billion.

Xiamen has been undertaking efforts to attract overseas investment recent years. In 2014, the city issued a document entitled "Opinions on the transfer of headquarters on target economies" to strengthen its support of the transfer of headquarters of financial companies and companies from other industries to the Xiamen area. 
  
SOURCE: WOX Team
 
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