..
LNA utilize foreign investment of $4.47 billion
Updated: 2015-02-09
By Ge Jieru, chinadaily.com.cn
Influenced by the country's "one belt and one road" strategy, the Liangjiang New Area has garnered foreign investment worth $4.47 billion, according to the official website of Liangjiang New Area. The investment marks a 40.9 percent on 2013.
A number of the world's largest enterprises have settled in Liangjiang, such as General Motors, Mazda Motor Corporation and Hewlett-Packard Development Company. According to statistics from the Lianjiang government, foreign investment in Liangjiang was ceded to the three industries of industrial production, real estate and financial business. Of the three, investment towards industrial production accounted for 37.7 percent of the total.
As an important inland international logistics hub, Liangjiang owns five ports, including the 20-square-kilometers Cuntan port in the new area. These ports have strengthened the bond between Chongqing and other countries.
Edited by Jacob Hooson
Video
UK trade commissioner for China praised Chongqing as a burgeoning center in intelligent manufacturing.
