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People's Daily Online>>China Business

Number of foreign firms decreases in Beijing

By Fu Zimei (People's Daily)

09:05, February 16, 2012

Edited and translated by People's Daily Online

According to statistics of the Beijing Administration for Industry and Commerce, in 2011, the number of the foreign-funded enterprises in Beijing decreased, but their investment scales increased. The average scale of the newly-founded foreign enterprises in Beijing increased.

In 2011, a total of 2,922 foreign-funded enterprises were founded in Beijing, up 7.1 percent compared to 2010; their total investment amount was 5.7 billion U.S. dollars; the amount of their total registered capitals was 3.6 billion U.S. dollars, and the total amount of the external registered capitals was 2.8 billion U.S. dollars, up 18.8 percent, 13.4 percent, 2.7 percent respectively.

The average registered capital of the newly-founded enterprises was about 2.5 million U.S. dollars, up 16.2 percent compared to that of 2010. By the end of 2011, the total number of foreign-funded enterprises in Beijing was 25,672, up 3.3 percent compared to that of the end of 2010. The total amount of their registered capitals was a little more than 80 billion U.S. dollars, up 12.4 percent.

The number of Beijing's resident representative offices had decreased by 40 percent. In 2011, the number of the external enterprises' resident representative offices newly established in Beijing was 292, down 55.35 percent. The total number of foreign enterprises' resident representative offices in Beijing was 9,217, down 39.5 percent.

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