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Economic development

2014-June-18       Source: Newsgd.com

Since implementation of the Reform & Opening-up Policy in 1978, the integrated economic strength of Guangdong has rapidly sprung to the top rank of the national total.

6. Foreign investment under continuous development

Guangdong actively encourages foreign investment in Guangdong. By the end of 2013, Guangdong had accumulatively attracted 173,300 projects under direct foreign investment, valued US$ 500.28 billion in terms of contractual foreign investment and US$ 323.75 billion in terms of actual utilization of foreign investment, equivalent to about 1/4 of that of the country. In 2013, the trade in services actually utilized US$ 11.26 billion of foreign investment, equivalent to 45.1% of that of the province.

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Editor: 王凯

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