Chongqing News

Chongqing attracts $50 billion in foreign investment

2014-09-23 09:23:23

CHONGQING (CQNEWS) -- In the Closing Press Conference of the 9th Annual Meeting of the Chongqing Mayor's International Economic Advisory Council on the afternoon of September 21st, Mayor Huang Qifan reported that the meeting's Advisory Group has officially contributed over half the total value of foreign investment in imports and exports through Chongqing during the last decade.

Chongqing has introduced foreign investment of nearly US$50 billion during the last decade according to Huang Qifan, and the contribution of the 30 advisory groups accounted for more than 50% of the total. Meanwhile, the imports and exports value of Chongqing rose to nearly US$70 billion last year and is expected this year to reach more than US$90 billion, of which 60% would be associated with these groups.

He also stated that the enterprises behind the Advisory Group have been responsible for promoting Chongqing in this sector. (Translated by Tan Tianqin, Fathom Language Limited)

Editor:Liu Kan

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