Guangdong leads China in foreign-funded enterprises – People’s Daily Online

From People’s Daily Online (link)

South China’s Guandong Province has approved 58,800 foreign-funded enterprises by the end of 2005, ranking first in the country, according to the local statistics bureau.

As one of the most attractive site of , actually used 12.4 billion U.S. dollars in foreign investment in 2005, up 23.5 percent over the previous year.

Foreign-funded firms in Guangdong increased their investment by 10.3 billion U.S. dollars last year, accounting for 43.4 percent of the total contractual value.

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