Con­struc­tion group en­ters Xion­gan

China Daily (Hong Kong) - - BUSINESS -

A con­struc­tion in­vest­ment group owned by the He­bei pro­vin­cial gov­ern­ment, which has a reg­is­tered cap­i­tal of 10 bil­lion yuan ($1.49 bil­lion), has set up an of­fice in the Xion­gan New Area, ac­cord­ing to the web­site of the Na­tional En­ter­prise Credit In­for­ma­tion Pub­lic­ity Sys­tem. The Chi­nese gov­ern­ment had an­nounced the set­ting up of the Xion­gan New Area in April. With a base in the area, the com­pany can in­vest over­seas, the web­site said.

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