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The First Half of Yiwu Total Overseas Investment of $126.5 Million

Source: Yiwu sourcing agent    Author: Helan      Date: 2012-07-13

Reporters learned from the Municipal Bureau of Commerce, January to June this year, theYiwu's enterprises overseas investment totaling $ 126.5 million, of which China's investment amounting to $ 36,500,000.
  According to reports, the city's overseas investment projects in the first half of this year, showing a relatively large amount of individual investment characteristics. Among them, the Yiwu City Jia Niluo Emperor Cosmetics Co., Ltd. in the U.S. investment to set up trading company projects, the investment amounting to $ 1 million; Yiwu the Veyron Printing Co., Ltd. acquisition of Swiss medical supplies, research and development projects, investment amounted to $ 5,500,000. In addition, Zhejiang Jiang Shifeng Investments Limited investments in Russia last year, "Moscow - Yiwu International Trade Center Market project, this year to invest in apartments, the project capital increase amounting to $ 30,000,000.
  City Bureau of Commerce, Foreign Economic Bureau official told reporters that since 1998, the city by the Commerce Department approved foreign investment projects totaled 99, including trade projects accounted for 87.88%. May this year, Yiwu Dragon Printing Co., Ltd. to invest $ 5.5 million, the successful acquisition of Switzerland's leading Medical Devices Co., Ltd., engaged in R & D of medical supplies to achieve a breakthrough of the city's overseas investment in R & D projects zero.
  This year, the euro area the economic situation continues grim, the debt crisis in Europe is still the greatest threat facing the world economy. City Bureau of Commerce, Foreign Economic Bureau official said, the spillover effect of the debt crisis in Europe continue to show that is affecting the economy of the United States and emerging market countries. Due to the uncertainty of the economic situation in the euro zone, the city trade type of investment in the euro area countries should be particularly cautious.

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