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FDI Rises 25.5% in Jan-Jul

Pub Date: 12-08-20 09:37 Source: www.cnanhui.org

Anhui's foreign direct investment (FDI) rose 25.5 percent year-on-year to $5.36 billion between January and July, local authorities said.

The growth rate accelerated from 21.3 percent for the first half of 2012 (H1), the provincial department of commerce said.

As of July 31, counties and development zones at provincial or above levels registered an increase of 71.7 and 12 percent from the same period a year ago in FDI, respectively.

Meanwhile, the FDI in North Anhui consisting of three prefecture-level cities and seven counties surged 54.1 percent year-on-year, while the Industrial Transfer Demonstration Zone in the Anhui-Section Yangtze River City Belt saw the index up 19.1 percent year-on-year.

The province's FDI largely came from Asian investors, who injected $3.96 billion, or 73.9 percent of the total, representing a 30.8 percent year-on-year increase, according to the department.

The provincial foreign-funded firms poured a combined total of $3.27 billion into their investment programs during the Jan-Jul period, up 88.7 percent from a year earlier. The growth rate was 20.4 percentage points higher than that of the same period last year.

The FDI in the manufacuturing sector totaled $3.5 billion, up 27.2 percent year-on-year, commercial authorities said.

 

(By Zheng Weiling)

Editor: Rita

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