Rapid Growth in Utilization of Foreign Investment

January 2014 saw 1,719 new enterprises set up with the aid of foreign investments, down by 8.71 percent compared with the same period of last year. Foreign investment in actual use stands at $10.76 billion, up by 16.11 percent year on year (excluding statistics from the banking, securities and insurance sectors).

Foreign investment in actual use for the service sector continues to rise and the amount for January stands at $6.33 billion, up by 57.02 percent year on year, accounting for 58.8 percent of the overall foreign investment use in the country. The actual use of foreign investments for the reselling service sector stands at $768 million, up by 7.38 percent, and that for the country' farming, forestry, husbandry and fishery industries stands at $128 million, down by 4.62 percent year on year. The actual use for the manufacturing industry is $3.47 billion, down by 21.69 percent compared with the same period of last year.

The actual use of foreign investments in the country's central and western regions has seen even faster growth. In January, the actual use of foreign investment in China's eastern region stands at $8.21 billion, up by 4.36 percent year on year, while that for the central region is nearly $1.57 billion, up by 89.07 percent, and that for the western region is $989 million, up by 71.73 percent.

Of the country's overall amount of foreign investment absorption in January, the proportion for the country's east, central and western regions are 76.27 percent, 14.54 percent and 9.19 percent respectively. Compared with 2013 as a whole, the proportions for the central and western regions has respectively risen by 6.48 percentage points and 2.85 percentage points, presenting bigger shares in the country's overall foreign investment use.


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