4,811 new foreign-funded enterprises registered in Q1

15:49, May 14, 2010      

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In the first quarter of 2010, China registered a total of 4,811 new foreign-funded enterprises. The total investment volume stood at around 38.7 billion U.S. dollars, the registered capital reached about 24.4 billion U.S. dollars and the paid-in registered capital was about 5.2 billion U.S. dollars, up 20 percent, 45 percent, 45 percent and 44 percent respectively compared with the first quarter of 2009.

At the end of 2009, there were a total of 225,900 foreign-invested enterprises in the tertiary industry and 201,200 foreign-invested enterprises in the secondary industry, up more than 3 percent and down by almost 4 percent respectively compared with the same period of 2008. All are being further optimized. There was a total 32,000 foreign-invested enterprises scattered in 10 western provinces, 52,900 foreign-invested enterprises in nine central provinces and 349,300 foreign-invested enterprises in 12 eastern provinces, up 10 percent, 5 percent and down nearly 2 percent respectively compared with the same period of 2008. The distribution area is basically consistent with China's regional development strategy.

Zhou Bohua, director of the State Administration of Industry and Commerce, said that currently, an important task on the utilization of foreign capital is being implemented to further promote the sustained and stable growth of total foreign investments. Meanwhile, under the new situation of China accelerating its economic restructuring and transformation of the economic development modes, China should continue to absorb foreign investments and pay more attention to improve the quality and level of the utilization of the foreign investments.

By People's Daily Online


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