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Businesspeople from the United States pumped up $240 million worth of investment in Dalian, a port city of northeast China's Liaoning Province, in the first four months of this year.

      This has made the United States the No.1 investor in the city in the period.

      Information from the Dalian City Committee of Foreign Trade and Economic Cooperation revealed that US investors launched 44 businesses in this northeastern city from January to April this year.

      Among the 44 newly started businesses, eight were enterprises each involving $10 million of investment, according to the information.

      As one of the earliest open cities in north China, Dalian, with its beautiful landscape and convenient transport, has become a popular destination of overseas investment.

      The city has altogether approved 7,742 overseas-financed businesses involving $16.53 billion of overseas investment, of which, $6.86 billion of the investment has been placed in.

      Of the total overseas-backed businesses, 1,040 projects with investment totaling $2.2 billion have been started by US investors.
 
 

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