According to the Bureau of Commerce, 145 overseas investment projects had been approved in Qingdao in 2014, with an year-on-year growth of 101%, which was the first time that the project reached 100 with the growth rate doubled.

Among all the 145 projects, there were also some with the investment amount of over 10 million yuan. For example, Qingdao Machinery Industry Corporation had acquired the world top foundry equipment enterprise-KW Corporation to build a research and development center of foundry equipment. Luhaifeng Group had invested 98 billion dollars in developing fishery resource in Mauritius. Qi Hua Company had invested 90 million dollars in exploiting lead zinc ore in Mongolia. Evercontaining Electric had added 95 million dollars in constructing ferronickel industrial parks in Indonesia. According to the statistics, the number of the projects being approved with the investment amount of over 10 million dollars reached 27 in 2014, with the year-on-year growth of 23.3%.

It should be noticed that the ‘One Belt And One Road’ policy has pushed forward the overseas investment. The number of the projects near the ‘One Belt And One Road’ countries reached 56, with the year-on-year growth of 38.6%.