China News Service, July 16th, the spokesperson of the Ministry of Commerce Gao Feng introduced on the 16th that from January to June 2020, the actual foreign capital used in the country was 472.18 billion yuan, a decrease of 1.3% year-on-year. In the first half of 2020, domestic investors in my country made non-financial direct investments in 159 countries and regions, with a total investment of 362.14 billion yuan (equivalent to 51.5 billion US dollars), a year-on-year decrease of 0.7%.
At the regular press conference of the Ministry of Commerce held on the 16th, Gao Feng first introduced the relevant situation of China's absorption of foreign investment in the first half of 2020: from January to June 2020, the actual use of foreign investment in the country was 472.18 billion yuan, a year-on-year decrease of 1.3% ( It is equivalent to 67.93 billion US dollars, a year-on-year decrease of 4%; excluding the banking, securities, and insurance sectors, the same below), the decrease is 9.5 percentage points lower than the first quarter, and 2.5 percentage points lower than that from January to May, which is better than expected.
In June, the actual use of foreign capital in the country was 117 billion yuan, an increase of 7.1% year-on-year (equivalent to 16.72 billion U.S. dollars, an increase of 3.7% year-on-year); the second quarter realized an increase of 8.4% year-on-year, which was significantly lower than the first quarter (down 10.8%). Foreign investment Expectations and confidence have stabilized.
In view of different industries, from January to June, the actual use of foreign capital in the high-tech service industry increased by 19.2% year-on-year, of which information services, inspection and testing services, R&D and design services increased by 20.9%, 8.7% and 35.7% year-on-year respectively.
Among the main sources of investment, the actual foreign investment in Hong Kong, Singapore and the United States increased by 4.2%, 7.8% and 6% year-on-year respectively; the actual foreign investment in countries along the “Belt and Road” increased by 2.9% year-on-year; An increase of 5.9% (including investment data through free ports).
Gao Feng pointed out that in the second half of the year, the world economic situation is still complex and severe, and there are still many uncertain factors affecting foreign investment. The task of achieving the goal of stabilizing foreign investment for the whole year is still a long way to go.
Gao Feng also introduced China's foreign investment cooperation in the first half of 2020: In the first half of 2020, Chinese domestic investors made non-financial direct investments in 159 countries and regions around the world, with a total investment of 362.14 billion yuan (equivalent to 51.5 billion US dollars) ), a year-on-year decrease of 0.7%. The turnover of foreign contracted projects was 425.99 billion yuan (equivalent to 60.58 billion U.S. dollars), a year-on-year decrease of 10.6%, and the newly signed contract value was 753.82 billion yuan (equivalent to 107.2 billion U.S. dollars), an increase of 5% year-on-year. Foreign labor service cooperation sent 133,000 laborers of various types, a decrease of 102,000 compared with the same period of the previous year. At the end of June, the number of laborers abroad was 659,000. The main features are as follows:
First, investment in countries along the “Belt and Road” has grown rapidly. In the first half of the year, my country’s non-financial direct investment in countries along the “Belt and Road” was US$8.12 billion, up 19.4% year-on-year. Among them, investment in ASEAN countries was US$6.23 billion, a year-on-year increase of 53.1%.
The second is the increase in newly signed major projects of foreign contracted projects. In the first half of the year, there were 381 newly signed contracts with a value of more than US$50 million, with a total value of US$89.03 billion, accounting for 83.1% of the total newly signed contracts. Among them, there are 222 projects with hundreds of millions of dollars, an increase of 5 compared with the same period of last year.
The third is a wide range of foreign investment. In the first half of the year, Chinese companies made foreign investments in industries such as leasing and business services, manufacturing, wholesale and retail, mining, and construction. Among them, the investment in the leasing and business services industry was 19.56 billion US dollars, an increase of 20.1% year-on-year; the investment in scientific research and technology services was 1.3 billion US dollars, an increase of 11.1% year-on-year; the investment in manufacturing industry was 8.17 billion US dollars, a year-on-year decrease of 15.6%, of which equipment manufacturing investment was 37.3% 100 million US dollars, an increase of 11.7% year-on-year, accounting for 45.7% of manufacturing investment.
Fourth, local enterprises are active in foreign investment. The foreign investment of local enterprises was US$38.21 billion, a year-on-year increase of 12.1%. Among them, 10 provinces and cities in the eastern region made a total of 31.26 billion US dollars in foreign investment, accounting for 81.8% of local investment. The foreign investment of provinces and cities along the Yangtze River Economic Belt was US$17.8 billion, a year-on-year increase of 37.8%. Guangdong, Zhejiang and Shanghai are at the forefront of local foreign investment.