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Famed fun city Rio becomes an economic powerhouse

China Daily | Updated: 2012-04-30 07:35

As Brazil's economy grows in strength and power, the city of Rio de Janeiro is beginning to show its importance and is about to build on its newfound global business prowess.

The four major sectors of the country's economy already consider the city of Rio their strategic base and future partner - sectors that are projected to represent almost 85 percent of the future investment in the entire national economy.

The city is also enjoying strong economic indicators such as generating 50 percent of the state's GDP and a quarter of the entire foreign direct investment in the country.

Famed fun city Rio becomes an economic powerhouse

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