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Sunday, January 30, 2000, updated at 09:43(GMT+8)
Business Chinese Development Zone Draws Investors

The Fuzhou Economic and Technological Development Zone, a major state-level development zone in east China's Fujian Province, is attracting an increasing number of both domestic and overseas investors.

Recent statistics show the zone has now approved 1,108 enterprises, with total investments of US$ 3.78 billion.

These investors are from more than 20 countries, including the United States, Japan, Germany, Britain, France, Italy, and Canada.

Last year, the zone generated an overall gross domestic product of 7.12 billion yuan.

Local analysts attribute this upward trend mainly to the development of new and high-tech industries in the zone.

Established 15 years ago, the zone consists of a bonded district, a Taiwan investment zone, and a high-tech park.

Over the past years the park has developed 455 high-tech products, including 42 items which have reached advanced international levels.

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