Sixty-Two Foreign Invested Enterprises Established In Shaanxi in the First Half of This Year with Xi’an Remaining to Be the Major Destination
Date: 2015-8-20

In the first half of this year, foreign investments in Shaanxi trended up in defiance of a general downturn climate with a total of 62 foreign-invested companies being established. According to statistics released by the provincial Bureau of Statistics yesterday, Xi’an remains the major investment destination with a actually utilized foreign capital accounting for 90 percent of the total.
According to statistics, in the first half of this year, 62 foreign-invested companies are established in Shaanxi, up by 10.7% and the majority of the actually utilized foreign capital comes from South Korea. Investments come from 12 countries and regions and South Korea ranks the first in total investment volume. South Korea invests 16 companies, up by 6.7%, contract volume being 10.1967 trillion dollars, up by 96.5%, actually utilized foreign capital being 1.7029 billion US dollars, up by 91.6%, accounting for the total actually utilized foreign investment of as much as 73.6%.
Xi’an has become the major investment destination. In the first half of this year, 40 new projects are approved, down by 7% year-on-year with a total contractual volume of 1.44412 billion US dollars, down by 6.4%, actually utilized foreign investment being 2.01192 billion USD, up by 8.6% year-on-year, accounting for 86.9% of the entire province.