Paid-in foreign investment in Anhui up 3.2% in H1

Paid-in foreign investment in east China’s Anhui province totaled $10.25 billion in the first half of this year (H1), up 3.2 percent from the same period a year ago, statistics from the Department of Commerce showed.

173 foreign-funded enterprises were founded in the province during the Jan-Jun period, up 8.1 percent year on year. 143 out of them were established in the Industrial Transfer Demonstration Zone in the Anhui Yangtze River City Belt, an increase of 10 percent. The six cities in the northern part of the province saw the establishment of 24 foreign companies, up 33.3 percent.

The number of foreign-invested high-tech companies in Anhui reached 57, up 46.2 percent year on year. Those companies attracted an investment of $280 million from overseas, representing a year-on-year rise of 38.9 percent.

As the biggest investor during the first half of this year, Hong Kong SAR injected $6.36 billion, or 62 percent of the total, into Anhui. The United States, the British Virgin Islands, China’s Taiwan region, Germany, Japan and Singapore were also among the province’s top ten overseas investors during the period.