Hunan invests in overseas firms
By Feng Zhiwei | China Daily | Updated: 2009-02-10 07:48
CHANGSHA: Firms in Hunan expanded their investments overseas last year, Gan Lin, its deputy governor, said.
Local companies invested $660 million in 206 overseas firms, he said.
Large State-owned firms also bought several foreign firms, which enhanced their competitiveness on the global stage," Jiang Huaizhang, deputy director of the provincial commerce department, said.
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