figures show: The figures show that Shanghai, a key link in global trade, has become more attractive to FDI with its emerging advantages, according to Global Times China. In January, 563 new foreign-funded projects were established, up 69.1 percent year-on-year. FDI continued to pour into the city, and most of it went into the modern services industry and advanced manufacturing. Contracted foreign investment exceeded 10 billion, increasing 197.6 percent year-on-year, according to a local government announcement posted on its website on Tuesday. The city has made great progress in improving administrative efficiency and management, a World Bank report in October showed. Shanghai is leading the nation's effort to improve business climate.
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