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Foreign Investment Reached $ 1.9 Billion in the First Two Months

Pub Date: 14-03-24 16:26 Source: ah.gov.cn

Foreign funds used in Anhui maintain a stable growth this year. According to the Bureau of Commerce of Anhui Province, in the first two months, 41 foreign-invested enterprises were approved to be established, up by 41.4 percent year-on-year, and the foreign direct investment (FDI) actually absorbed reached 1.96 billion yuan, rising by 23.7 percent,

In terms of economic sectors, foreign investment in service sector enjoyed a high growth. In January and February, 900 million US dollars was introduced to Anhui's tertiary industry, rising by 97.3 percent. Of this total, 540 million US dollars went into real estate industry, with a year-on-year increase of 1.49 times; 76.66 million went to storage and logistics, up by 4.4 times; 52.78 million into scientific and technological information industry, up by 5.2 times. Foreign investment in the primary and secondary industry both decreased. That in nonmetallic mineral products, metallurgy and textile and garment dropped sharply.

Funds invested by investors from Oceania and other countries in Asia grow steadily. Those from other countries in Asia invested 1.54 billion US dollars in Anhui in the first two month this year, up by 33.8 percent.

Editor: Rita

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