China's Shenzhen invests USD410 mln in B&R countries last year

Dated 2018-02-26, tagged under Investments

China's Shenzhen invests USD410 mln in B&R countries last year-OBOR Invest

 2018-02-24 10:11:13 Source: Xinhua Silk Road Information Service

South China’s Shenzhen city’s agreed investments in the countries along the Belt and Road routes amounted to 410 million U.S. dollars last year, with its trade with these countries standing at 575.6 billion yuan, up 19.3 percent year on year, according to the local authorities.

At present, enterprises in Shenzhen have constantly expanded their businesses in the overseas market and gradually improved their global marketing network.

For example, enterprises including Huawei, ZTE, Hytera Communications Corporation, Mindray, Shenzhen Hepalink Pharmaceutical Group, Infinova Group and Shenzhen Center Power Tech. Co., Ltd. have seen more than 50 percent revenue come from the overseas market. To be specific, Huawei's overseas revenue has accounted for 60 percent of the total revenue, while Shenzhen Hepalink Pharmaceutical Group and Infinova Group have seen more than 80 percent revenue from the overseas market. 

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