INVESTMENT by domestic companies in Qingdao has increased by at least 30 percent in the first six months compared with the same period of last year.

    According to the statistics, there were 604 projects with investment of more than 5 million yuan and the paid-in capital reached 32.39 billion yuan, increasing by 32.9 percent compared with last year. The paid-in capital of projects with 100 million yuan investment reached 26.5 billion yuan, accounting for 80 percent of the domestic investment in the city.

    Among these 604 projects, 401 with investment of 21.79 billion yuan were projects to be continued, while 203 with investment of 10.6 billion yuan were new projects.

    Most of the projects were in the suburban areas. Sixty-six projects with 4.72 billion yuan investment were invested in the city center, increasing by 3.5 percent compared with last year, while 275 projects with 9.67 billion yuan were in the suburban areas, increasing by 53.7 percent. A total of 263 projects with 18 billion yuan investment were in county-level areas, increasing by 27.2 percent compared with last year.

    (Wang Yuanyuan, Shen Junlin)