Foreign investors warm to western region
By Gao Changxin and He Wei in Shanghai | China Daily | Updated: 2012-05-23 08:05
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Major cities in western China, such as Chongqing, are becoming increasingly attractive as costs rise along the coastal region. The city attracted $10.8 billion in foreign direct investment last year, overtaking Beijing. Nelson Ching / Bloomberg |
China's western region, with its lower land and labor costs, is becoming a new hot spot for foreign investment.
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