Investment Updates News
- Guangdong News
Date: 14-Jun-2007 Sources: (Shenzhen Daily)
A TOTAL of 1,229 foreign-funded companies were registered in Shenzhen in the first five months of the year, up 12 percent as against the same period of last year. The new companies, with registered assets of more than US$1 billion, are expected to invest US$1.36 billion mainly in the manufacturing industry, retail and wholesale businesses, and science and technology, according to the Shenzhen Industry and Commerce Bureau. To date, 140 of the world's 500 biggest companies have established 392 offices or joint ventures in Shenzhen.
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