THE Qingdao City Government has approved 75 projects with foreign investment in the first two months of this year. The total paid-in capital reached US$592 million, an increase of 81.7 percent year on year.

    The manufacturing industry saw an increase in foreign investment, with contracts totaling US$299 million in the first two months of 2011, bringing it up 13.8 percent on last year. Bombardier Sifang (Qingdao) increased its capital by US$ 20 million, bringing the total investment to US$170 million.

    (Li Hao, Zhou Jianliang)