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ݐ Magnet for Foreign Investment
As one of the first open cities on the Yangtze, Wuhan has always been a top recipient of foreign investment in central and western China . Thanks to the strategy of Llet opening up be the leading strategy, a great number of functional infrastructures have been built and put into use. As a result, the city's comprehensive service functions are greatly upgraded. As part of efforts to change government functions, a series of measures are introduced to improve the city's investment climate, including one-stop united service system for external investors, mayors' dialogue with investors, investors' complaints receiving system and investment climate responsibility system. 2005 witnessed a continued strong growth momentum of foreign investment. Newly approved committed foreign investment registered 1.989 billion US dollars, an increase of 65.6% from the previous year with an actually utilized foreign investment of 1.74 billion US dollars, up by 14.5%. 60 of world's top 500 companies have made investment in Wuhan . In Addition, over 300 multinational companies have set up offices, of which over 100 have their regional head offices located in Wuhan .
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