SHANGHAI, Oct. 2 (Xinhuanet) -- Shanghai, an economic center in east China, exported 58.4 billion US dollars worth of goods in the first eight months of this year, representing a year-on-year growth of 26.9 percent, local customs house said.

    Arrivals in Shanghai stood at 60.6 billion US dollars worth in the eight-month period, up 7.5 percent over the year-earlier level.

    Customs officials said the appreciation of Renminbi had little impact on Shanghai's foreign trade, of which more than 50 percent was processing trade.

    In another development, foreign direct investment, or FDI, in Shanghai amounted to 9.7 billion US dollars in the first eight months, a year-on-year growth of 18.3 percent. The growth rate was2.8 percentage points higher than the Jan.-Jun. level. Between January and August, the city actually used 5.1 billion US dollars of foreign capital, up 5.4 percent. The growth rate was 4.6 percentage points higher than the Jan.-Jun. level. Enditem 

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    SHANGHAI, Oct. 2 (Xinhuanet) -- Shanghai reported a moderate growth in fixed-assets investment in the first eight months of the year, yet had input in the industrial sector and that by the overseas-funded companies move down drastically.

    According to the municipal bureau of statistics, Shanghai invested 228.23 billion yuan (28.1 billion US dollars) in fixed assets from January to August, up 12 percent year-on-year.

    The total included 57.1 billion yuan (7 billion US dollars) in urban infrastructure construction, up 27.8 percent over the year-earlier level; 67.3 billion yuan (8.3 billion US dollars) in the industrial sector, down 1.7 percent; and 81.4 billion yuan (10billion dollars) in the real estate development sector, up 9.6 percent, with the growth rate down 5.9 percentage points from the Jan.-Jun. level.

    In terms of investors, state-owned enterprises pumped 79 billion yuan (9.7 billion US dollars) in fixed assets, and the non-state sector, 149.2 billion yuan (18.4 billion US dollars), up8.6 percent. Overseas-funded companies registered a 18.2 percent decline in capital investment in the eight-month period, the local statistical bureau said.
 

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