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Kunming Hi-Tech Zone performs well in the 1st Q

Updated: 2015-04-07 17:22
By Shi Zihan
(chinadaily.com.cn)

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Statistics from the administrative committee of the Kunming Hi-Tech Zone show that the Zone has achieved its investment promotion target for the first quarter of 2015 as set by the Kunming municipal government.

The Zone plans to attract investments totaling at 10.5-billion-yuan ($1.7 billion) from other cities in Yunnan province and 10 billion yuan from other provinces in China in 2015.

By the end of March 2015, the Zone has utilized foreign capital worth 90.5 million dollars, accounting for one fourth of the annual target. The value of investment from other Yunnan cities has already reached 3.05 billion yuan, 29 percent of the target figure. In particular, the Zone has attracted investments amounting to 3.9 billion yuan from other provinces, which constitutes nearly 40 percent of the set target.

Edited by Mevlut Katik

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