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Home > News > Valuable News > More than 30000 new foreign-funded enterprises were established

More than 30000 new foreign-funded enterprises were established

ECHEMI 2020-03-17

In the first three quarters, 30871 new foreign-invested enterprises were established in China, with the actual use of foreign investment of RMB 683.21 billion, up 6.5% year on year, according to data released by the Ministry of Commerce on July 17. In September, the actual use of foreign investment was 79.18 billion yuan, up 3.8% year on year. This amount is the highest in the past three months. The structure of attracting foreign investment in China has been continuously optimized, and the absorption of foreign investment in high-tech industries has continued to maintain a high growth rate. According to the data of the Ministry of Commerce, the actual use of foreign investment in high-tech manufacturing industry is 74.6 billion yuan, an increase of 13.7% year-on-year, of which the actual use of foreign investment in pharmaceutical manufacturing industry, medical equipment and instrument manufacturing industry, electronic and communication equipment manufacturing industry is 40.7%, 33.1% and 10.7% year-on-year respectively. The actual use of foreign investment in high-tech service industry is 129.2 billion yuan, up 61.3% year on year. Among them, the actual use of foreign investment in information services, R & D and design services, and scientific and technological achievements transformation services increased by 52.4%, 57.9% and 74.4% year-on-year respectively. In terms of regions, the actual use of foreign investment in the eastern and western regions increased by 6.8% and 10.8% respectively on a year-on-year basis. The actual use of foreign investment in the pilot free trade zone is 98.84 billion yuan, accounting for 14.5%.

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