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.