Liaoning Province Adopts Measures to
Attract Foreign Investment
SHENYANG, July 26 (Xinhua) -- Northeast China's Liaoning Province
has pledged to make new efforts to attract foreign investment.
According to Vice Governor Gao Guozhu, the province has witnessed a decline in foreign
investment since the beginning of the year.
In the first five months, contractual overseas investment in the province totaled 1.286
billion U.S. dollars, down 33.9 percent compared to the same period last year, he said.
Direct foreign investment for the period was 1.133 billion dollars, down 35.2 percent, and
actual foreign investment stood at only 561 million dollars, down 21.7 percent, he added.
The provincial government has recently worked out some measures to attract foreign
investments.
These measures include further improving investment environment, giving priority to huge
investment projects, working hard to assist the province's 61 large state-owned
enterprises in attracting foreign investment, and encouraging non-state-owned enterprises
to use foreign investment. |