Xi'an holds symposium for foreign-funded enterprises in Nanjing

Xi'an, capital of Northwest China's Shaanxi province, held a symposium for foreign-funded enterprises on Aug 21 in Nanjing, capital of East China's Jiangsu province, to attract foreign investment to the city.

Heads of nearly 20 well-known overseas-funded enterprises that have invested in Jiangsu attended the symposium. These companies specialize in a range of crucial fields such as electronic information, automotive manufacturing, biomedicine, artificial intelligence, aerospace and high-end equipment manufacturing.

A list of 26 investment projects in Xi'an was released at the event, covering industries such as electronic information, automobile manufacturing, artificial intelligence, aerospace, high-end equipment manufacturing and the digital economy.

As of the end of 2019, a total of 4,212 foreign-invested enterprises had settled in Xi'an, with the actual use of foreign capital totaling $47.89 billion.

During the first half of this year, actually utilized foreign capital in Xi'an reached $4.37 billion, with 91 foreign-invested enterprises launched in the city, a year-on-year increase of 9.16 percent, ranking fourth out of 15 sub-provincial cities.