Newly Established Foreign Enterprises Grew 51.9% in the First Quarter
Newly Established Foreign Enterprises Grew 51.9% in the First Quarter
Date: 2017-5-19

Newly Established Foreign Enterprises Grew 51.9% in the First Quarter 

 

According to figures from Shaanxi Provincial Department of Commerce, in the first quarter the number of newly established foreign invested enterprises in Shaanxi was 41, an increase of 51.9% compared to the same period of the previous year with contractual foreign investment of 1.56 billion USD, a sharp rise of 204.4% and actual use of foreign capital of 1.403 billion USD, an increase of 7.5%.

In the first quarter in Shaanxi, the number of newly established joint venture enterprises was 22, an increase of 83.3%; the number of newly established foreign enterprises was 19, a rise of 26.7%; The number of newly established secondary industry enterprises was 9, a drop of 18.2% with contractual foreign investment of 1236.68 million USD, an increase of 196.9% and actual use of foreign capital of 1193.45 million USD, a rise of 10.9%; the number of newly established tertiary industry enterprises was 32, an increase of 113.3% with contractual foreign investment of 321.08 million USD, a sharp rise of 242.6% and actual use of foreign capital of 209.48 million USD.

In the first quarter businessmen from 9 countries and regions invested in Shaanxi and the top 3 investment sources include: Hong Kong ranked 1st and the number of investment enterprises was 9, a rise of 46.2% compared to the same period of the previous year with contractual foreign investment of 472.47 million USD, an increase of 6.3% and actual use of foreign capital of 377.46 million USD, a rise of 101.5%; Korea ranked 2nd and the number of investment enterprises was 7, almost the same compared to the previous year with contractual foreign investment of 760.82 million USD, a sharp rise of 1631.9% and actual use of foreign capital of 621.98 million USD, a drop of 39.3%; the United States ranked 3rd and the number of investment enterprises was 3 with contractual foreign investment of 143.24 million USD and actual use of foreign capital of 171.94 million USD.

In first quarter the number of newly established enterprises in Xi’an was 33, an increase of 83.3% with contractual foreign investment of 1523.59 million USD, a sharp rise of 645.4% and actual use of foreign capital of 1322.22 million USD, an increase of 8.1%. 3 new projects were established in Xianyang, an increase of 50.0% with contractual foreign investment of 18.23 million USD, an increase of 66.8% and actual use of foreign capital of 15.34 million USD, an increase of 9.6%. 1 new project was established in Baoji with contractual foreign investment of 1.75 million USD and 1 new project was established in Shangluo. The actual investment in Xixian New Area was 65.37 million USD, a sharp rise of 1207.4%.

 

 

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