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Local

N. China's Alxa League sees actual use of foreign inv't reach RMB10 mln in Dec. 2023

March 25, 2024


Abstract : Alxa League in north China's Inner Mongolia Autonomous Region achieved a significant milestone in attracting foreign investment.

Alxa League.jpg

This aerial photo taken on May 16, 2023 shows the scenery in Ejina Banner of Alxa League, north China's Inner Mongolia Autonomous Region. (Xinhua/Bei He)

Alxa League in orth China's Inner Mongolia Autonomous Region achieved a significant milestone in attracting foreign investment. 

In December 2023, its actual use of foreign investment amounted to 10 million yuan (about 1.39 million U.S. dollars), according to the Bureau of Commerce of Alxa League.

Since the beginning of 2023, Alxa League has been making efforts to improve business environment to attract foreign investment.

As an important bridgehead for China's opening to the north, Inner Mongolia Autonomous Region has constantly taken measures to improve local business environment. Data shows that its actual use of foreign investment stood at 5.58 billion yuan in 2023, up 61.5 percent year on year. (Edited by Hu Pingchao, Xie Weijia, hupingchao@xinhua.org)

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Keyword: foreign investment Inner Mongolia Alxa League

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