From January to September 2020, my country's foreign non-financial direct investment reached 555.11 billion yuan (US$78.88 billion), down 0.6% year-on-year, and the rate of decline has narrowed.
The value of newly signed foreign contracted projects was 105.43 billion yuan (equivalent to US$150.24 billion), a year-on-year increase of 4.5%; the completed turnover was 638.13 billion yuan (equivalent to US$91.27 billion), a year-on-year decrease of 8.8%.
208,000 laborers of various types were dispatched for foreign labor service cooperation, and 635,000 laborers of various types were sent abroad at the end of September.
Mainly present the following characteristics:
One is the steady progress of investment cooperation with countries along the “Belt and Road”.
From January to September, non-financial direct investment by Chinese enterprises in countries along the “Belt and Road” was US$13.02 billion, a year-on-year increase of 29.7%, accounting for 16.5% of the total in the same period, an increase of 4.1 percentage points from the previous year.
The value of newly-signed project contracts in countries along the “Belt and Road” was US$83.71 billion, and the completed turnover was US$53.13 billion, accounting for 55.7% and 58.2% of the newly-signed and completed turnover of foreign contracted projects in the same period.
Second, the rapid growth of foreign investment by local enterprises.
From January to September, foreign non-financial direct investment by local enterprises was US$57.08 billion, a year-on-year increase of 13.5%, accounting for 72.4% of total foreign direct investment in the same period.
Among them, the foreign investment of the eastern region was US$47.34 billion, an increase of 18.7%; the foreign investment of the western region was US$4.45 billion, an increase of 17.1%.
Third, there has been significant growth in foreign investment in some areas.
From January to September, foreign non-financial direct investment mainly went to leasing and business services, manufacturing, wholesale and retail industries.
Among them, the foreign investment of leasing and business services was US$30.93 billion, an increase of 18.6% year-on-year; the foreign investment of wholesale and retail industries was US$12.01 billion, an increase of 41.1%.
Fourth, there are many new major projects signed for foreign contracted projects.
From January to September, there were 518 projects with newly signed contracts of more than US$50 million, totaling US$124.88 billion, accounting for 83.1% of the total newly signed contracts.
Among them, there were 301 projects with hundreds of millions of dollars, an increase of 10 over the previous year.
Fifth, foreign contracted projects in some industries are trending well.
From January to September, the value of newly signed contracts for general construction, petrochemical, and water conservancy construction projects increased rapidly.
Among them, the value of newly signed contracts for general construction was US$35.93 billion, a year-on-year increase of 31.8%; the value of newly signed petrochemical contracts was US$13.09 billion, a year-on-year increase of 46.9%; and the value of newly signed water conservancy construction contracts was US$3.84 billion, a year-on-year increase of 65.5%.
(CCTV reporter Liu Ying Ge Xiaowei)