China News Service, January 21, Ministry of Commerce spokesperson Gao Feng said at a press conference on the 21st that in 2020, my country's foreign investment and cooperation will maintain steady and healthy development.
Overall foreign investment has grown. According to statistics from the Ministry of Commerce and the State Administration of Foreign Exchange, my country's foreign direct investment for the whole year was US$132.94 billion (equivalent to RMB 916.97 billion), a year-on-year increase of 3.3%.
Among them, foreign non-financial direct investment was US$110.15 billion (equivalent to RMB 759.77 billion), a year-on-year decrease of 0.4%.
Overseas contracting projects remained stable, with the value of newly signed contracts of USD 255.54 billion (equivalent to RMB 1,762.61 billion), a year-on-year decrease of 1.8%; and the completed turnover of USD 155.94 billion (equivalent to RMB 1,075.61 billion), a year-on-year decrease of 9.8%.
301,000 laborers of various types were dispatched for foreign labor service cooperation, and 623,000 laborers of various types were sent abroad at the end of December.
Mainly present the following characteristics:
One is the steady progress of investment cooperation with countries along the “Belt and Road”.
In 2020, Chinese companies will invest US$17.79 billion in non-financial direct investment in 58 countries along the “Belt and Road”, an increase of 18.3% year-on-year, accounting for 16.2% of the total in the same period, an increase of 2.6 percentage points from the previous year.
The contract value of newly signed projects in countries along the route was US$141.46 billion, and the completed turnover was US$91.12 billion, accounting for 55.4% and 58.4% of the total in the same period.
The second is the rapid growth of investment in leasing and business services, wholesale and retail, scientific research and professional technical services, and power production and supply.
In 2020, investment in the leasing and business services industry was US$41.79 billion, a year-on-year increase of 17.5%; US$16.07 billion in wholesale and retail, a year-on-year increase of 27.8%; investment in power production and supply, scientific research and technical services increased by 10.3 respectively % And 18.1%.
Third, local foreign investment is active.
In 2020, foreign non-financial direct investment by local enterprises was US$80.75 billion, a year-on-year increase of 16.4%, accounting for 73.3% of total foreign direct investment in the same period.
Among them, foreign investment in the eastern region increased by 21.8% year-on-year; Guangdong, Shanghai, and Zhejiang ranked in the top three.
Fourth, 80% of newly signed projects for foreign contracted projects are concentrated in the field of infrastructure. In 2020, our company has contracted more than 5,500 overseas infrastructure projects, and the cumulative value of newly signed contracts exceeded US$200 billion, accounting for 80% of the total contract value that year. Among them, the value of newly signed contracts for general construction and water conservancy construction projects increased rapidly, with a year-on-year increase of 37.9% and 17.9% respectively.