Shaanxi invested heavily in countries and regions along the Belt and Road

2018-10-10 09:12:28 , Source : The Government Website of Shaanxi Province

It’s learnt from the Shaanxi Provincial Department of Commerce that 19 Shaanxi-invested overseas enterprises have been established from January to August this year. An actualized investment of USD411 million has been mainly distributed to fields such as photovoltaics, business and trade services in Hong Kong, Malaysia, and other places.

During the eight months, Shaanxi has invested USD98 million mainly in Malaysia, Kyrgyzstan, and other countries and regions along the Belt and Road. As of the end of August, the actualized investment of Shaanxi Province in countries and regions along the Belt and Road reached USD1.15 billion.

From January to August, the total revenue of overseas contracted projects of Shaanxi Province was up to USD2.327 billion, an increase of 6.06% year-on-year, ranking 10th in China and 2nd in western China. The value of newly signed contracts was USD985 million. While in countries and regions along the Belt and Road, the revenue of overseas contracted projects of Shaanxi Province amounted to USD1.587 billion and the value of newly signed contracts reached USD688 million.

Besides, Shaanxi Province dispatched 6,040 employees abroad, an increase of 1,791 people year-on-year, ranking 15th in China and 2nd in western China in this period. 15,528 employees were working abroad, up by 3,182 people year-on-year.

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