Targeted financing essential to boosting innovative, fast growth
By Zhuan Ti | China Daily | Updated: 2017-05-15 08:00
Xi'an Hi-tech Industries Development Zone has embraced new development phases by investing in innovation-driven industries with high growth potential.
2016 witnessed an actual use of foreign investment of $3 billion and actual introduction of domestic investment of 50 billion yuan ($7.25 billion) in the zone.
Twenty projects with individual annual production volumes of 1 billion yuan settled down in the zone, as well as 15 research and development centers from the world's top 500 enterprises.
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