Xinhua Beijing, November 16, Xinhua Ministry of Commerce spokesman Yao Jian 16th said that January-October this year, China's foreign contracted projects completed turnover of 57.23 billion U.S. dollars, an increase of 33.3% per cent, the October month completed the turnover of 6.34 billion U.S. dollars, the year-on-year growth of 26.8%. Yao said at a regular press conference here that the technical content of the project has improved significantly in China's overseas contracted projects this year. The proportion of general building and road projects with low technical content and profitability has fallen further, with technology-intensive, profit margins and higher export-led projects in areas such as petrochemicals, rail transport, electricity and electronic communications having risen to more than half of the new contracts. In addition, China's enterprises to develop the market of developed countries to make positive progress, is tracking and signed the project's scale and level significantly improved. According to the Ministry of Commerce statistics, January-October, China's foreign labor service cooperation to complete the turnover of 7 billion U.S. dollars, an increase of 6.8% per cent, the cumulative dispatch of all kinds of labor personnel 317,000 people, down 8.6%. In the first three quarters of this year, China's domestic investors in the global 112 countries and regions of 1612 foreign enterprises in the direct investment, the cumulative realization of non-financial foreign direct Investment (hereinafter) 32.87 billion U.S. dollars, the year-on-year growth of 0.5%, 1 to 3 quarters, China's foreign investment and mergers and acquisitions more active, The direct investment in the form of acquisition is 14.3 billion U.S. dollars, accounting for 43.5% of the total investment in the same period, mainly related to mining industry, manufacturing and commercial marketing network.
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