The latest round of statistics from the city optimistic approved 20 investment projects overseas in the last month, its value has increased almost six times last year to 239.5 million U.S. dollars.
The Shanghai Commission of Commerce released figures yesterday and said it can do more on the head.
The third increase in financial investments of the city abroad the benefits of enhanced recovery in the global and Chinese economy, the Commission said in a statement.
Private companies accounted for 45 percent of the total number of investors with their funds, which account for 12.7 percent.
State-owned enterprises, although their number is only 25 percent of the basket, which corresponds to 79.1 percent.
Foreign companies based in Shanghai did the rest.
Foreign investment in Shanghai increased by 117 percent per year to 1.54 billion U.S. dollars in 2009, when the world economy has collapsed amid the financial crisis, and offers many possibilities.
Companies in the city should also take advantage of emerging markets this year, said Sha Hailin, head of the committee this month.
Maoyu Li, an analyst at Changjiang Securities Co., said the enthusiasm among domestic investors opportunities to travel abroad in May continued to long term.
The demand by the relatively low price of projects abroad in the aftermath of the global financial crisis driven, said Li.
Shanghai investors are at the top of the wave of foreign investment.
About 75 percent of foreign investment poured into the city for Europe in January, with a value of 179.5 million U.S. dollars. It was from Asia, which represents 20.4 percent.
Proved property popular with real estate investors in Shanghai with 178 million U.S. dollars are allocated to the sector.
Manufacturing, however, has only attracted U.S. $ 16.8 million U.S..
Sent with increasing foreign investment, the number of people in Shanghai to work abroad, also of 241 percent for 1737 months previously raised, considered by the Commission.
Chinese investors have spent $ 2.36 billion last month in 420 companies abroad. The projects in 75 countries, according to the Ministry of Commerce.
Foreign direct investment in China had a good start, even years 7.79 percent per year to 8.13 billion U.S. dollars in January.
