Statistics from the Ministry of Commerce showed that the approved contracted value of foreign investment in 2006 totaled 4.391 billion USD, up 29.08 percent on a year-on-year. The actual inflow amounted to 2.923 billion USD, with an increase of 10.37 percent over the same period of the previous year.

Such data and the detail introduction of the city's foreign trade were included in the city's first white paper on foreign trade and economy (English version) released yesterday.

Guangzhou has been expanding its international-oriented economy over the past years. In the year of 2006, its import and export hit 63.767 billion USD.

To guide the businessmen at home and abroad to explore the city's business potentials, Guangzhou compiles its white paper to introduce Guangzhou's foreign investment, foreign trade, foreign economic cooperation, key industries, key areas for development, investment environment.

Editor: Donald