A TOTAL of 92 foreign-funded, overseas-oriented projects were produced in Qingdao last year, representing a total investment of about US$50 million. The foreign-funded projects have helped increase exports of technology, equipments, raw materials and parts worth a cumulative US$1.045 billion.

Contracted wages for employees working overseas reached US$87.11 million, increasing by 13.9 percent, while their actual incomes were about US$68.82 million, dropping by 15.29 percent. More than 7,000 employees were sent to work overseas in 2011.

(Wang Yuanyuan, Shen Junlin)