Chengdu Tops all Domestic Counterparts in Appeal to Foreign Investment

AuthorsGo Chengdu

According to the statistical communiqués of China’s 15 deputy provincial cities on their economic and social development in 2018, Chengdu, with an actually utilized foreign investment of US$12.03 billion last year, ranked No.1 among all of its counterparts in the country.

Chengdu has been maintaining steady growth of actually utilized foreign investment from 2010. Together with Beijing (US$17.31 billion), Shanghai (US$17.30 billion), Chongqing (US$10.27 billion) and Wuhan (US$10.93 billion), it is one of the only 5 domestic cities that utilized more than US$10 billion foreign investment in 2018.