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Beijing reports surge in overseas investment flow
(Xinhua)
Updated: 2004-04-20 17:03
Beijing registered US$820 million in direct overseas investment inflow in the
first quarter of the year, up 124 percent from the same period last year.
The growth rate is higher than the national average for the period, said
sources from the Beijing Municipal Administration for Commerce.
According to the information, the city approved 413 overseas financed
ventures from January to March, a rise of 25.5 percent, and the contractual
overseas investment was US$1.52 billion, up 106 percent.
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