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Beijing reports record use of overseas investment

(Xinhua)
Updated: 2008-12-25 20:20

BEIJING -- The Chinese capital city used 5.9 billion US dollars of overseas investment in the first 11 months of the year, said the Beijing municipal bureau of commerce Thursday.

And the amount of paid-in overseas investment this year will rise beyond 6 billion US dollars, a record high, according to the source.

The city saw improvement in structure and quality of overseas investment, alongside an increase in its size this year.

The service sector was the recipient of most of the overseas capital in the city in the first 11 months, said an official of the bureau.