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Thursday, May 24, 2001, updated at 16:14(GMT+8)
Business  

Hong Kong Investment in China's Mainland Come to Over US$170 Bn

Statistics indicates that by the end of April Hong Kong was the largest investor to China's Mainland, with an actual foreign capital up to US $174.2 billion, accounting for 48.45 percent of all foreign investment here.

The figure was revealed by An Min, Vice Minister of MOFTEC at the reception of the delegation from Hong Kong that came to seek for chances of cooperation during the development of west China.

In the reform and opening-up to the outside world over the past 20 years, Hong Kong has played an indispensable role in the mainland's development; meanwhile, it is also the biggest beneficiary since it is the first to make its investment here.

The construction of western regions will provide a new opportunity to promote the economic growth in Hong Kong. The HKSAR government also set great store by and took an active part in it through various ways.



By PD Online staff member Yin Zhili



In This Section
 

Statistics indicates that by the end of April Hong Kong was the largest investor to China's Mainland, with an actual foreign capital up to US $174.2 billion, accounting for 48.45 percent of all foreign investment here.

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