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Chengdu sees strong growth in investment

19 December 2012
The government of Chengdu signed agreements worth a total contract value of nearly Rmb12.4bn in Shanghai on 17 December, involving 17 projects in the manufacturing, service and agricultural sectors. On the previous day in Beijing, the Sichuan capital signed contracts with a combined contract value of Rmb18.1bn.

According to Chengdu Inward Investment Commission, the first 10 months of the year saw utilised foreign investment grow by 17.25 per cent to nearly US$7.3bn, while domestic investment was up by 27.2 per cent to Rmb279.4bn. Thirty-eight projects worth a total of Rmb65.5bn involved investment by the world’s top 500 companies.

     
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