The China National Development and Reform Commission has launched the seventh batch of major iconic major foreign projects, with a planned total investment of over 15 billion US dollars (S $ 20 billion).

Comprehensive Xinhua News Agency and CCTV news reports, the National Development and Reform Commission revealed the above news on Friday (January 12).

The relevant person in charge of the National Development and Reform Commission introduced that 11 foreign -funded projects including Shanghai Modner Pharmaceutical R & D and production base, Jiangsu Taizhou Xinpu Chemical High Chemistry Project were listed as the seventh batch of iconic major foreign -funded projects.

According to reports, the total planned investment of a new batch of projects exceeds 15 billion US dollars, and the investment of individual projects is generally more than 1 billion US dollars.The number of projects selected this time is the largest number, involving biomedical, automobile manufacturing, new energy batteries, chemical industry and other fields.

As of now, the first six batches of 40 major foreign -funded projects have completed a total of $ 73 billion in investment, and 23 projects have been comprehensively or partially put into operation.

The data released by the Ministry of Commerce in October last year showed that in the first three quarters of last year, China's actual use of foreign capital decreased by 8.4%year -on -year.