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Ministry of Commerce: The use of foreign capital in the first 10 months maintained steady growth

  • Categories:Industry News
  • Author:CCTV
  • Origin:
  • Time of issue:2020-09-15
  • Views:

Ministry of Commerce: The use of foreign capital in the first 10 months maintained steady growth

  • Categories:Industry News
  • Author:CCTV
  • Origin:
  • Time of issue:2020-09-15
  • Views:

CCTV News: According to data released by the Ministry of Commerce yesterday, my country's actual use of foreign capital maintained steady growth in the first 10 months of this year.

Data shows that from January to October, 49,545 foreign-invested enterprises were newly established nationwide, an increase of 89.3% year-on-year; the actual use of foreign capital was 701.16 billion yuan, an increase of 3.3% year-on-year. Among them, the actual use of foreign capital in high-tech manufacturing was 73.78 billion yuan, a year-on-year increase of 30.6%.

In terms of regions, the western region has seen a relatively high increase in the absorption of foreign capital, and the pilot free trade zone maintained its leading position. From January to October, the actual use of foreign capital in the western region was 49.41 billion yuan, a year-on-year increase of 16.8%. There were 7,844 newly established enterprises in the Pilot Free Trade Zone, a year-on-year increase of 39.8%.

From the perspective of investment sources, from January to October, the actual investment in South Korea, Japan, the United States, the United Kingdom, Germany, and France increased by 36%, 24%, 4.1%, 175.9%, 31.2%, and 19.3%, respectively. "Countries along the route, ASEAN, and the EU actually invested in foreign capital increased by 11.9%, 13% and 15.3% year-on-year.

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