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.


Editor:Rita

Related News
- Region becoming industrial cluster of the world    2020-07-01 14:43
- Anhui inks agreement with Alibaba, Ant Financial    2020-06-16 09:52
- Degradable polylactic acid production line operational in...    2020-06-15 09:14
- Volkswagen to raise stake in Chinese JV    2020-06-01 08:45
 
photo  >>
Hefei-Huzhou section of Shangqiu-Hefei-Hangzhou High-speed Railway opens
Hefei: a comfortable habitat for egrets
Video  >>
(AmazingAnhui)She inkstone, a national cultural heritage in E China's Anhui
(AmazingAnhui)Huizhou inkstick, a cultural heritage in E China's Anhui
People  >>
Poor farmer in East China's Anhui becomes poultry expert
Datong barbers are a cut above competition
Travel  >>
Chinese people make over 78m trips during Dragon Boat Festival holiday
Shangqiu-Hefei-Hangzhou rail likely to open to traffic on June 28
Contact Us
Copyright ©2000-2016 anhuinews.com All rights reserved. Reproduction in whole or in part without permission is prohibited.