Photo taken on Jan. 29, 2019 shows the night view of the Bell Tower in Xi'an, capital of northwest China's Shaanxi Province.
BEIJING, Nov. 10 (Xinhua) -- Northwest China's Shaanxi Province saw rising foreign investment in the first three quarters of the year, according to the data recently released by the Shaanxi Provincial Department of Commerce.
The department said that in the period from January to September this year, a total of 195 foreign-invested enterprises were established in the province. The contracted foreign investment amounted to 4.492 billion U.S. dollars, a year-on-year increase of 67.34 percent, and the amount of foreign investment in actual use stood at 7.179 billion U.S. dollars, up 7.79 percent year on year.
The province has taken a slew of measures to attract foreign investment amid the pandemic.
For example, Xi'an, capital of the province, launched a cloud platform to attract investment projects. As of the end of September, a total of 448 projects had been signed with a planned total investment of 700 billion yuan (about 105.91 billion U.S. dollars). To be specific, 29 projects were invested by the world's top 500 companies.
Baoji city in western Shaanxi targeted the world's top 500 companies, industry leaders and hidden champion enterprises at home and abroad. It successfully gained investment from the large companies such as Eaton, a global technology leader in power management solutions based in the USA, Geely Automobile, and Xuzhou Coal Mining Group. (Edited by Hu Pingchao with Xinhua Silk Road, hupingchao@xinhua.org)
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