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24 Aug, 2011

Hainan’s overseas investment tops $400 mln in Jan-July – People’s Daily Online


HAIKOU, Aug. 21 (Xinhua) — Overseas investment by enterprises in south Hainan Province has totaled 400 million U.S. dollars in the first seven months of this year, sources with the provincial Department of Commerce said Sunday.

Hainan’s overseas investment has mainly gone to eight countries and regions, which includes India, Singapore, Tanzania, Indonesia and Russia, the department said in a statement.

The investment covers a variety of industries such as asset acquirement, electromechanical equipment, planting, and mineral exploitation and processing, according to the statement.

via S China’s Hainan’s overseas investment exceeds $400 mln in first seven months – People’s Daily Online.