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One Fortune 500 company sets up in Dalian every 45 days
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09:28, November 26, 2008

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According to the Dalian Daily, in the first three quarters, the Dalian High-Tech Industrial Zone has maintained a healthy and rapid development with outstanding accomplishments in attracting investments.

Reporters learnt from the high-tech zone on November 22 that by the end of September, foreign capital worth US $405 million had been registered by 46 foreign-funded enterprises newly approved in the high-tech zone this year.

The actual use of foreign funds totaled US $340 million, which is a 26.9% increase year-on-year. Of those, six projects from Fortune 500 enterprises joined the high-tech zone enthusiastically including the introduction of American application material and Cisco communication software. This means that one Fortune 500 company sets up in the high-tech zone every one and half months.

By the end of September, there were a total of 55 projects from Fortune 500 companies in the high-tech zone, among which 43 are projects from software and information service industries and, as a result, an upgrading of the industrial level has been promoted in the high-tech zone.

In the first three quarters, the high-tech zone introduced 136 domestically-funded projects, with a total investment of 7.073 billion yuan, an increase of 48.4% year-on-year. Among those, 13 projects including Zhongli Information, Neusoft Venture Capital and Eternal Asia Supply Chain Management invested a total of over 100 million yuan.

Software and information service industries have developed quickly in the high-tech zone with 57 software enterprises each having revenues of over 10 million yuan, 11 more than the same period from the previous year.

By People's Daily Online



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http://english.people.com.cn/90001/90776/90884/6540753.pdf