Xinjiang sees fast growth in service industry investment
- November 3, 2017
- Posted by: Yolandy
- Category: Business
Xinjiang Uygur Autonomous Region has attracted over 436 billion yuan in investment so far this year, and investment in the service industry has posted fast growth, the regional commerce bureau said.
From January to September this year, a total of 436.6 billion yuan, (about 65.85 billion U.S. dollars) has been invested in the region, 83.72 percent of the annual target, the bureau said.
About 57 percent of the investment is for new projects, said Wang Wenming, deputy director of the bureau.
Investment in industries such as culture, tourism, logistics and financial services has grown fast, he added.