(DALIANNEWS)- The port city of Dalian approved a total of 52 foreign-invested enterprises to set up their branches in Dalian with the contractual foreign capital of 2.68 billion US dollars in the first quarter of this year, increasing 3.3 times than that of the previous year.
The city also received 680 million US dollars in foreign direct investment(FDI) in the first quarter of this year, up 9.2 percent compared with that of the last year, and also 1.2 percent higher than that of the first two months of this year.
There are nine projects with the foreign direct capital of over 10 million US dollars each in Dalian.
The city’s tertiary industry has become a leading part for foreign investment. The newly-approved foreign-invested enterprises reached 46 in the tertiary industry with the contractual foreign investment of 1.73 billion US dollars during the first quarter of this year, increasing 1.8 times.
The tertiary industry also attracted 660 million US dollars during this period, an increase of 13.6 percent.
The city of Dalian saw the direct investment of over 10 million US dollars from four regions and countries respectively including Hongkong China, Japan, Singapore and America.
The total investment accounted for 99.5 percent of the whole volume in the city. Among them, the direct investment from Japan and Singapore witnessed an increase of 4.5 times and 29.8 times respectively.