国内英语资讯:China Focus: Foreign investors raise bets in Shanghai amid further opening-up
<p><span word="SHANGHAI">SHANGHAI</span>, <span word="Aug">Aug</span>. 18-- <span word="Foreign">Foreign</span> <span word="investors">investors</span> <span word="have">have</span> <span word="increased">increased</span> <span word="their">their</span> <span word="investment">investment</span> <span word="in">in</span> <span word="Shanghai">Shanghai</span>, <span word="continuing">continuing</span> <span word="to">to</span> <span word="give">give</span> <span word="a">a</span> <span word="vote">vote</span> <span word="of">of</span> <span word="confidence">confidence</span> <span word="in">in</span> <span word="China">China</span>'<span word="s">s</span> <span word="market">market</span> <span word="potential">potential</span> <span word="and">and</span> <span word="further">further</span> <span word="opening">opening</span>-<span word="up">up</span> <span word="amid">amid</span> <span word="global">global</span> <span word="uncertainties">uncertainties</span>.</p><p><span word="The">The</span> <span word="country">country</span>'<span word="s">s</span> <span word="financial">financial</span> <span word="and">and</span> <span word="business">business</span> <span word="center">center</span> <span word="reported">reported</span> <span word="an">an</span> <span word="actual">actual</span> <span word="use">use</span> <span word="of">of</span> <span word="foreign">foreign</span> <span word="investment">investment</span> <span word="of">of</span> 11.45 <span word="billion">billion</span> <span word="U">U</span>.<span word="S">S</span>. <span word="dollars">dollars</span> <span word="in">in</span> <span word="the">the</span> <span word="January">January</span>-<span word="July">July</span> <span word="period">period</span> <span word="of">of</span> 2019, <span word="up">up</span> 13.8 <span word="percent">percent</span> <span word="year">year</span> <span word="on">on</span> <span word="year">year</span>, <span word="according">according</span> <span word="to">to</span> <span word="the">the</span> <span word="Shanghai">Shanghai</span> <span word="Municipal">Municipal</span> <span word="Commission">Commission</span> <span word="of">of</span> <span word="Commerce">Commerce</span>.</p><p><span word="During">During</span> <span word="the">the</span> <span word="period">period</span>, 4,105 <span word="foreign">foreign</span>-<span word="funded">funded</span> <span word="projects">projects</span> <span word="were">were</span> <span word="newly">newly</span> <span word="established">established</span>, <span word="up">up</span> 58.3 <span word="percent">percent</span> <span word="over">over</span> <span word="the">the</span> <span word="same">same</span> <span word="period">period</span> <span word="in">in</span> 2018.</p><p><span word="Covestro">Covestro</span>, <span word="a">a</span> <span word="global">global</span> <span word="chemicals">chemicals</span> <span word="giant">giant</span> <span word="that">that</span> <span word="has">has</span> <span word="been">been</span> <span word="in">in</span> <span word="China">China</span> <span word="for">for</span> <span word="nearly">nearly</span> 20 <span word="years">years</span>, <span word="is">is</span> <span word="planning">planning</span> <span word="to">to</span> <span word="upgrade">upgrade</span> <span word="its">its</span> <span word="China">China</span> <span word="headquarters">headquarters</span> <span word="in">in</span> <span word="Shanghai">Shanghai</span> <span word="to">to</span> <span word="its">its</span> <span word="Asia">Asia</span>-<span word="Pacific">Pacific</span> <span word="headquarters">headquarters</span>.</p><p><span word="Holly">Holly</span> <span word="Lei">Lei</span>, <span word="president">president</span> <span word="of">of</span> <span word="Covestro">Covestro</span> <span word="China">China</span>, <span word="said">said</span> <span word="after">after</span> <span word="the">the</span> <span word="upgrading">upgrading</span>, <span word="the">the</span> <span word="company">company</span> <span word="could">could</span> <span word="better">better</span> <span word="coordinate">coordinate</span> <span word="global">global</span> <span word="resources">resources</span> <span word="to">to</span> <span word="grow">grow</span> <span word="together">together</span> <span word="with">with</span> <span word="China">China</span>.</p><p><span word="China">China</span> <span word="is">is</span> <span word="Covestro">Covestro</span>'<span word="s">s</span> <span word="biggest">biggest</span> <span word="single">single</span> <span word="market">market</span> <span word="and">and</span> <span word="Shanghai">Shanghai</span> <span word="is">is</span> <span word="home">home</span> <span word="to">to</span> <span word="its">its</span> <span word="biggest">biggest</span> <span word="plant">plant</span> <span word="and">and</span> <span word="Asia">Asia</span>-<span word="Pacific">Pacific</span> <span word="innovation">innovation</span> <span word="center">center</span>, <span word="said">said</span> <span word="Lei">Lei</span>.</p><p><span word="Covestro">Covestro</span> <span word="is">is</span> <span word="not">not</span> <span word="alone">alone</span> <span word="in">in</span> <span word="terms">terms</span> <span word="of">of</span> <span word="business">business</span> <span word="ambition">ambition</span> <span word="in">in</span> <span word="the">the</span> <span word="world">world</span>'<span word="s">s</span> <span word="second">second</span>-<span word="largest">largest</span> <span word="economy">economy</span>.</p><p><span word="French">French</span> <span word="carmaker">carmaker</span> <span word="PSA">PSA</span> <span word="Peugeot">Peugeot</span> <span word="Citroen">Citroen</span> <span word="plans">plans</span> <span word="to">to</span> <span word="set">set</span> <span word="up">up</span> <span word="a">a</span> <span word="regional">regional</span> <span word="procurement">procurement</span> <span word="center">center</span> <span word="in">in</span> <span word="Shanghai">Shanghai</span>. <span word="German">German</span> <span word="chemicals">chemicals</span> <span word="giant">giant</span> <span word="BASF">BASF</span> <span word="has">has</span> <span word="increased">increased</span> <span word="investment">investment</span> <span word="to">to</span> <span word="upgrade">upgrade</span> <span word="its">its</span> <span word="innovation">innovation</span> <span word="center">center</span> <span word="in">in</span> <span word="Shanghai">Shanghai</span> <span word="after">after</span> <span word="investing">investing</span> <span word="a">a</span> 10-<span word="billion">billion</span>-<span word="U">U</span>.<span word="S">S</span>.-<span word="dollar">dollar</span> <span word="production">production</span> <span word="facility">facility</span> <span word="in">in</span> <span word="Zhanjiang">Zhanjiang</span>. <span word="The">The</span> <span word="city">city</span> <span word="is">is</span> <span word="also">also</span> <span word="home">home</span> <span word="to">to</span> <span word="Tesla">Tesla</span>'<span word="s">s</span> <span word="gigafactory">gigafactory</span> <span word="under">under</span> <span word="construction">construction</span> <span word="with">with</span> <span word="an">an</span> <span word="investment">investment</span> <span word="of">of</span> <span word="over">over</span> 50 <span word="billion">billion</span> <span word="yuan">yuan</span> (7.1 <span word="billion">billion</span> <span word="U">U</span>.<span word="S">S</span>. <span word="dollars">dollars</span>).</p>
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