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(Nikkei BP Group)

(No.1 High-Tech News Site in Japanese)

  • U.S., Europe Top Investors in Beijing
  • September 21, 1998 (BEIJING) -- Beijing saw a three-fold increase in U.S. investments in the first eight months of the year, with European investments rising 1.6-fold.
    Beijing recorded US$1.54 billion in foreign investment, representing a 62.27 percent boost for total foreign investments for the period, according to statistics from the Beijing Foreign Economic Relations and Trade Commission.

    Asian countries accounted for the slowest growth rate in investments, with the rate for the period growing by 20 percent.

    Beijing approved 457 foreign-funded enterprises, up 9.1 percent over the 1997 period.

    (Xinhua News Agency)

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    Updated: Fri Sep 18 16:35:45 1998 PDT