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Yunnan Overseas Investment Enterprises Have Broken through 200

By : MOFCOM Kunming Office|Updated: 2009-01-04

As of December 15, 2008, Yunnan overseas investment enterprises approved by the Ministry of Commerce had reached 202, with total contractual investment of USD1.417b. Among them, Chinese total contractual investment amounted to USD1.098b, the remittance abroad by means of convertible foreign exchange reached USD420m and input in kind USD678m. Yunnan overseas investment focuses on two aspects. One is that there are 152 investment enterprises in the three countries including Myanmar, Laos and Vietnam, accounting for 75% of the total enterprises; the other is that investment in development of hydroelectric power mineral source field reached USD779m, accounting for 70% of Chinese total investment.