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Nanjing’s Utilized Foreign Investment Grows Rapidly in January
2018-03-12

The reporter learned from Nanjing Municipal Commercial Affairs Bureau that in January this year, the newly-added foreign investment in actual use was $393 million, with a year-on-year growth of 13.7% and the scale accounting for 12.4% among the whole province, maintaining a relatively fast growth momentum.

 
In January, there were 35 newly-approved foreign investment projects, among which 26 were newly established and 9 were investment-added. The newly approved total investment in the whole city is 8. The number of the newly-approved big projects with the net increased vestment of above tens of millions of dollars was 8, the total investment was $342 million, and the contractual foreign investment was $109 million, accounting for 83.8% of the total amount of newly-increased contractual foreign investment (not including the investment reduction). According to the data, from 2015 to 2017, there have been 350 effective big projects with the total newly-approved investment of above tens of millions of dollars, with the total investment of $39.216 billion. Among them, the actual amount in 2018 is $307 million, accounting for 78% of the foreign investment in actual use in the year.

 
According to Municipal Commercial Affairs Bureau, one of the characteristics of foreign investment index in January is that the foreign investment in actual use of manufacturing industry has rebounded. The foreign investment in actual use of manufacturing industry was $232 million, with a year-on -year growth of 114.8%, accounting for 59.1%, and it was in the growth range for six consecutive months. Among them, the foreign investment in actual use of integrated circuit semiconductor manufacturing industry was $193 million, with a year-on-year positive growth and accounting for 49%; the foreign investment in actual use of machinery and electrical equipment manufacturing industry was $8.2 million, with a year-on-year growth of 130.3% .


The foreign investment in actual use of high-tech service industry was increased rapidly. In January, the foreign investment in actual use was $12.1 million, increased by 21.3%. Among them, the foreign investment in actual use of research&development and design service industry was $11.97 million, increased by 103.5%.

 
In January, the top five countries and regions which invested Nanjing were Hong Kong, South Korea, Britain, Seychelles and Germany, with a total foreign investment in actual use of $182 million, accounting for 46.3% of the total. Among them, the investment scale of the European countries to Nanjing was expanding and the foreign investment in actual use was $21.5 million, with a year-on-year growth of 136.5%.

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