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　Investment Trends

In recent years, foreign inbound investment has increasingly focused on inland areas in addition to the coastal cities. In 2007, Changsha attracted over USD 1.5 billion of FDI. Investments have been made in a variety of sectors, including hi-tech manufacturing, food production and services.

Changsha is a “magnet” for foreign investment within Hunan province
·Changsha’s 227 new projects in 2007 represented almost half of Hunan Province’s total utilised FDI in 2007; to date, Asian countries account for most of the FDI into Changsha
·In 2007 Changsha utilised USD 1.5 billion in foreign direct investment (FDI). The utilised FDI from 2003 to 2007 has grown on average by roughly 31 percent each year, more than four times the national rate

Changsha’s two industrial zones accommodate various types of FIEs
·CHTIDZ has been able to provide a solid platform to encourage science and technology innovation with the help of colleges and universities in Changsha
·CETZ is not only a national economic development zone but also a national high-new technology industrial development zone. It aims to provide a sound investment environment with the best possible infrastructure and services

Changsha’s major development zones (at the end of 2007)
	CHTIDZ	CETZ
Established	1988	1992
Total area (k㎡)	80	60
Developed area (k㎡)	15	13.6
Distance from downtown area (km)	8	10
Distance from airport (km)	28	8
Number of FIEs	200	96
Total investment (USD billion)	4.23	4.93

Sources：Changsha Municipal Bureau of Commerce
Administrative Committee of CHTIDZ
Administrative Committee of CETZ