Source: Yiwu sourcing agent Author: Helan Date: 2008-07-27
In the first half of this year,Yiwu's investment in business overseas reached 10 . 256 million dollars. Three enterprises set branches outside the mainland or abroad. With the investment of 688,000 dollars,of which,51% (351,000 dollars) are invested by China,Chenglong (Singapore) Co.,Ltd. invested by Yiwu Chenglong Group was established,engaging in real estate development and construction. Zhejiang Runyuan Covered Yam Co .,Ltd . succeeded in its application for investing in Hongkong to establish Hongkong Runyuan (Group) Co.,Ltd.,engaging in socks manufacture and sales,with the investment of 8 . 905 million dollars . Zhejiang Jiejie Import and Export Co .,Ltd . invested in Hongkong to establish Hongkong Jiejie Import and Export
Co .,Ltd .,engaging in import and export of goods and technology,with the investment of 1 million dollars .
This year,Yiwu Foreign Trade and Economic Cooperation Bureau built many bridges to lead Yiwu enterprises to go abroad. Following this,Yiwu Foreign Trade and Economic Cooperation Bureau also organized a training program for investing overseas. In the training courses,some industrial area representatives of Zhejiang province who invested in Viet Nam, Nigeria,Thailand and so on were invited to introduce the investment environment overseas.
Furthermore,Yiwu Foreign Trade and Economic Cooperation Bureau also conducted special surveys among Yiwu's enterprises particularly those key enterprises) to collect more information on their need of "going abroad for further development".
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