1994: A Fruitful Year for Beijing's Foreign Trade and Ecnomic Cooperation

In 1994, foreign trade and economic cooperation in Bejing made major progress following overall growth for the previous three years. By 1994, the number of foreign-funded enterprises approved by the city exceeded 10, 000, the foreign capital actually used amounted to US $ 1.9 billion, and exports totalled US $ 2.1 billion, representing three major breakthroughs. In 1994, 2, 675 foreign-funded enterprises were approved, involving a