China Travel & Tourism News
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Shenzhen is home to 18,723 overseas businesses
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| 19-Nov-2002 - |
Shenzhen City in south China's Guangdong province is home to 18,723 overseas financed businesses with a total registered capital of 25.65 billion US dollars. The number of overseas businesses registered in the city in the first nine months of the year was 2,222. By September, 29.6 billion US dollars of overseas capital had flowed into the city and 190 high-tech multinationals had chosen Shenzhen as a base for production, research and development, which has in turned promoted development of high-tech industries in the city. From January to August, the output value of high-tech products made in Shenzhen was 101.6 billion yuan (12.24 billion US dollars), up 27 percent from the same period last year, accounting for 46.83percent of Shenzhen's total industrial output value. It is expected by the year of 2005, the city's high-tech industrial sector will generate 330 billion yuan (39.76 billion USdollars) in output value and contribute 25 percent of the city's gross domestic product (GDP). Shenzhen, a boomtown facing Hong Kong across a river, is also one of China's five special economic zones. Its local economy is dominated by export-oriented businesses. |
| 19-Nov-2002 - |
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Dalian,
Dongguan,
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Hangzhou,
Kunming,
Lhasa,
Macau,
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Qingdao,
Sanya,
Shenyang,
Suzhou
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Shenzhen,
Tianjin,
Weihai,
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Xiamen,
Xi'an,
Yiwu
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Shanghai Hotels,
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