During Jan. to April this year, overseas investment of Yantai developed positively. 7 enterprises were newly approved for overseas investment with agreed investment amount of USD27.97m, up by 208% year-on-year. The structure, type and area of invested projects kept optimized. The main factors promoting growth of overseas investment are: firstly, assistance of the nation, province or municipal on various “going abroad” capital assisting policy was gradually available with RMB7.89m of such subsidiary or capital acquired by enterprises with overseas investment in the city; secondly, the enthusiasm of 55 key enterprises with overseas investment facilitated by the city is on the rise. Currently, over 20 overseas investment projects have completed feasibility study of overseas investment and 15 projects have been completed audit on capital source of overseas investment; thirdly, Yantai has more and more exchange on investment and cooperation with Russia, Thailand, Cambodia, Netherlands, Venezuela, Vietnam, Peru and so on; fourthly, Nanshan Group, Longda Group, Wanhua Group, Northwest Forestry and other leading enterprises maintain high investment and incremental capital; fifthly, the policy system, work system and service system of Yantai in supporting overseas development of enterprises have been constantly improved, so they facilitate development of overseas investment of enterprises.