Actual absorbed direct foreign investment in Zhuhai reached $2.66 billion in the first three quarters of this year, a year-on-year increase of 33.8 percent and two-year growth rate of 13.6 percent.

The proportion of Zhuhai's actual absorbed direct foreign investment has been maintained at 11 percent to 12 percent of Guangdong's total, according to the Zhuhai Association of Enterprises With Foreign Investment (ZHAEFI). This is the fifth consecutive year in which Zhuhai ranked third in the province.

The city is now home to more than 20,000 foreign-funded enterprises. The number of newcomers increased by 4.7 percent to 2,053 during the January-September period. Of the total, 97 enterprises are funded by the world's top 500 enterprises with direct investment of over $3 billion. Local actual use of foreign investment hit $33 billion with the sources coming from 58 countries and regions.

The swearing-in ceremony of ZHAEFI's ninth council was held Oct 28. MTU Maintenance in the Zhuhai Free Trade Zone was selected to head of the council.

Inaugural speech by Jaap Beijer, president and CEO of MTU Maintenance Zhuhai, at the 9th council of ZHAEFI [Photo courtesy WeChat account: ZhuhaiBusiness]