| Actual Utilized Foreign Capital of Sichuan in the First Fifth Months up 2.7% Year-on-Year |
| Monday,June 22,2009 Posted: 05:56 BJT(2156 GMT) |
| From:MOFCOM Chengdu Office Article type:Reproduced |
According to the statistics of Sichuan Provincial Department of Commerce, from January to May, there were 99 newly approved foreign-invested enterprises in Sichuan, down 37.3% year-on-year, with 52 foreign-invested projects. The contractual foreign capital was USD800m, down 79.7% year-on-year; the actual utilized foreign capital was USD1.42b, with an increase of 2.7% year-on-year. In the first five months, the contractual net increase approved in Sichuan was USD190m, down 90.1% year-on-year. Among them: 40 projects increased capital (including projects with shares transfer from Chinese part to foreign part), with increased capital of USD230m, down 88% year-on-year; 12 projects reduced capital (including projects with shares transfer from foreign part to Chinese part), with reduced capital of USD45.1m. |
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