In the first 9 months of the year, Zhongshan sees sound development momentum in foreign investment in actual use, which increases 6% to $1.086bn on a year-on-year basis, Zhongshan Commerce Bureau says.

By the end of September, there have been 3,900 operational foreign-funded enterprises in Zhongshan, with $15.2bn of accumulated utilized foreign capital. Nearly 17% of these companies, numbering 647, are located in Torch Zone.

In recent years, Zhongshan maintains steady growth in the use of foreign investment. In the first three quarters this year, only Torch Zone added 75 overseas-funded enterprises.

Zhang Junfeng, deputy director of Zhongshan Commerce Bureau, believes that an increasing number of foreign enterprises in particular those from Hong Kong and Macao will strengthen their willing of investing in Zhongshan, owing to the opening of Hong Kong-Zhuhai-Macao Bridge, the construction of Shenzhen-Zhongshan Channel, and the optimized business environment of the city.