From January to August, Fujian Province actually used 26.7 billion yuan of foreign capital, a year-on-year increase of 10.1% and a year-on-year increase of 32%. It completed the annual foreign investment target of 72.5%, which was 5.8 percentage points ahead of schedule.
The actual use of foreign capital in high-tech industries increased by 41.9%
Among them, R&D and design services, medical equipment and instrumentation manufacturing, scientific and technological achievements transformation services and other industries grew rapidly, reaching 1831.9% and 296 respectively %, 120.8%.
's service industry maintained rapid growth in utilization of foreign capital
Actual utilization of foreign capital increased by 48.5%, accounting for 68.5% of the province's proportion, an increase of 1.2 percentage points from the first half of this year. Among them, a number of major service industry projects such as Chehejia Investment Company and Meitu Home have played a significant role in stimulating capital. The total investment of large service industry projects with investment of more than 100 million yuan accounted for 83.5% of the actual use of foreign capital in the service industry.
Some developed countries have seen substantial growth in capital inflows
Japan's actual capital inflows increased by 2021.8%, and Singapore's growth by 71.1%. Australia, the United States, and Germany increased by 1115%, 704.3%, and 567.8% respectively.
large projects accounted for nearly 80% of the capital
The province has accumulated 57 foreign-funded enterprises with a capital of more than 100 million yuan, an increase of 10 over the same period last year, and the capital accounted for 77.5% of the province. There are 13 companies with investment of more than 500 million yuan including Ruixing Coffee (China) Co., Ltd., Electric Glass (Xiamen) Co., Ltd., Pupu Technology (Fujian) Co., Ltd., and Fujian Baihong Polyfiber Technology Industrial Co., Ltd.
Source: Fujian Business
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