E-mail lunthesis@163.com Phone 0551-65179860-203

Anhui sees rising foreign capital inflows in Q1

Pub Date:2020-04-27 10:58 Source:www.cnanhui.org

East China’s Anhui province has seen steady growth in foreign capital inflows since the beginning of this year despite the COVID-19 pandemic, the local commercial watchdog said on April 22.

The province’s paid-in foreign investment reached $4.49 billion as of March 31, up 2.4 percent year-on-year, statistics from the Department of Commerce of Anhui Province showed.

In March alone, Anhui attracted $1.86 billion of foreign direct investment (FDI), representing a 15.6 percent year-on-year increase. 30 FDI projects were registered in the province, up 25 percent from the same period a year ago.

Many investors poured more capital into projects to expand production capacity during the Jan-Mar period. This was especially the case in the pharmaceutical industry.

The sector posted a year-on-year rise of 120 percent in foreign capital inflows. Foreign investment in Chinese traditional medicine (TCM) manufacturing skyrocketed 220 percent from the same period a year earlier.


Related News
- Nio to Get 10b Investment from Hefei    2020-02-26 10:04
- IKEA Acquires Land in East China's Anhui    2020-01-03 08:46
- Carlsberg Banks on Anhui Craft Beer Plant for Bigger Presence    2019-12-13 14:50
- Overseas Chinese Invest 3.5b Yuan in Anhui Province    2019-11-27 08:51
photo  >>
Video  >>
Track Laying Completed for New High-speed Rail in Anhui, China
Track-laying on Beijing-Hong Kong High-speed Rail Section in E China's Anhui Comes to an End
People  >>
Profile: Little Man, Big Dreams: Dwarf Fights for Success and Respect
Respiratory Therapists Work Their Way up China's Occupation List amid Epidemic
Travel  >>
Travelers book trips for May holidays but stay close to home
China Issues Travel Alert against Countries Hard Hit by Coronavirus
Contact Us
Copyright ©2000-2016 anhuinews.com All rights reserved. Reproduction in whole or in part without permission is prohibited.