Hubei has actually utilized 1.85 billion U.S dollars of foreign capital from January to April, 30.09 percent higher than a year earlier, representing 33.68 percent of annual targets, according to Hubei Department of Commerce.
Secondary industry still remained dominant with 114,449 U.S dollars of actually-used foreign investment the period, accounting for a year-on-year growth of 28.33 percent as well as 61.83 percent of provincial targets.
Cities of Hubei Province have obtained excellent scores, among which Huangshi, Jingzhou, Qianjiang, Huanggang, Xiantao and Shiyan have achieved or exceeded the average provincial targets.
Foreign-funded projects witnessed increase compared to the same period in 2011. Four enterprises actually-used foreign investment exceeded 50 million U.S dollars.
The faster growth in foreign investment shows Hubei's booming economy and investment environment remain attractive to overseas investors, said experts.
Secondary industry still remained dominant with 114,449 U.S dollars of actually-used foreign investment the period, accounting for a year-on-year growth of 28.33 percent as well as 61.83 percent of provincial targets.
Cities of Hubei Province have obtained excellent scores, among which Huangshi, Jingzhou, Qianjiang, Huanggang, Xiantao and Shiyan have achieved or exceeded the average provincial targets.
Foreign-funded projects witnessed increase compared to the same period in 2011. Four enterprises actually-used foreign investment exceeded 50 million U.S dollars.
The faster growth in foreign investment shows Hubei's booming economy and investment environment remain attractive to overseas investors, said experts.
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