China's Guangdong Province reported a significant increase in foreign investment.

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Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

GUANGZHOU, Oct. 22 (Xinhua) — International enterprises and capital have shown growing confidence in south China's Guangdong Province by making substantial investments, the provincial government said Wednesday.

From January to September of this year, 24,000 new foreign-invested enterprises were established in Guangdong Province, a 33.7 percent increase from the previous year, underscoring its role as a key destination for international capital.

Key data showed significant growth: actual foreign investment reached 78.13 billion yuan (approximately $11 billion), up 8.8 percent year-on-year. Investment from the Hong Kong Special Administrative Region (HKSAR) grew by 18.4 percent year-on-year, with significant growth in investment from developed countries such as the Netherlands, France, and the United Kingdom.

The manufacturing sector stood out, with foreign investment growing by 23.5 percent. Industries such as specialized equipment and electrical engineering saw significant growth, demonstrating high confidence in Guangdong Province's industrial capabilities and long-term potential.

Official data showed that, to date, more than 360,000 foreign-invested enterprises have been established in Guangdong Province, and the volume of foreign investment actually used has exceeded US$600 billion. -0-

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