BEIJING, May 27 (Xinhua) -- The Yangtze River Delta has become a main gathering place of foreign direct investment (FDI) in China, accounting for one third of the country's total FDI value since 2008, according to a report released on Sunday by Fudan University in Shanghai.
The report shows that during the period of 2008-2018, the proportion of foreign investment in high-end manufacturing has shrunk in the Yangtze River Delta, and that of investment in high-end services and productive services continued to increase. Shanghai's productive services account for more than 10 percent of the city's foreign capital, ranking first among all cities in the Yangtze River Delta.
In addition, the spatial spillover effects of foreign capital in the high-end services and productive services in Shanghai and Hangzhou are ahead of other cities.
As for investment forms, foreign-owned enterprises are becoming an increasingly popular way for foreign capital to enter cities in Shanghai and Jiangsu province, and most foreign companies choose Sino-foreign cooperation in Zhejiang province, according to the report. (Edited by Li Wenxin, liwenxin@xinhua.org)
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