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Brief introduction to investment environment in Lanzhou

0 Comment(s)Print E-mail China.org.cn, June 19, 2014
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Lanzhou, the provincial capital of Gansu, is a lively inland city. Since China’s central government approved for its reform and implementation in 1992, the investment environment has improved greatly. COFCO Coca-Cola, Geely Cars, Veolia, Carlsberg AS and many other projects have been gradually introduced. During the 11th Five-Year Plan period, Lanzhou successfully attracted more than 65.24 billion yuan (about US$10.47 billion) from the domestic market. Additionally, Lanzhou has taken advantage of more than USD $3.2 billion foreign capital under the contracts. More than 30 Fortune 500 companies have landed here, foreign-invested enterprises have developed to a large scale of 254 and the gross foreign export value has climbed up to US$37.6.

With more and more frequent external exchanges, Lanzhou has established relationships of sister cities with 10 foreign cities. Lanzhou has also cooperated with more than 170 domestic cities in the field of economy and technology. Under such a sound investment environment, information exchange and cooperative networks can be built with a high speed.

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