The Asia-Pacific Economic Cooperation (APEC) High-Level Urbanization Forum 2016 opened in the coastal city of Ningbo on Thursday, with the 21 member economies releasing the Ningbo Initiative focusing on urbanization and inclusive growth.
As of November 30, 2,250 Ningbo companies had invested US$10 billion in 116 countries and regions, making Ningbo the fourth 3rd-tier city in China with outbound investments exceeding $10 billion.
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