China News Service, Hangzhou, March 2 (Huang Hui) A reporter learned from the Zhejiang Provincial Department of Commerce on March 2 that according to the statistics of the Ministry of Commerce, in January 2021, 287 foreign-invested enterprises were newly established in Zhejiang, with a contractual foreign investment of US$2.67 billion. A year-on-year increase of 4.6%; Zhejiang’s actual use of foreign capital was US$1.4 billion, a year-on-year increase of 1.7%, and the actual use of foreign capital ranked fifth in the country.

  From an analysis point of view, Zhejiang’s foreign direct investment in January showed four characteristics: “six cities achieved positive growth,” “contracted foreign capital increased by more than 30%,” “service industry used foreign capital accounted for 70%,” and “Europe’s capital inflows increased significantly”.

  Taking the "six cities achieving positive growth" as an example, the six cities of Hangzhou, Ningbo, Jiaxing, Jinhua, Quzhou, and Zhoushan in Zhejiang have achieved positive growth in the actual use of foreign capital.

Among them, Jinhua increased significantly, reaching 621.5%; Jiaxing and Ningbo were behind, reaching 77.8% and 58.2% respectively.

In terms of scale, the actual use of foreign capital in the three cities in the province accounted for more than 10% of the total amount of Zhejiang Province, Hangzhou, Jiaxing, and Ningbo, respectively, which drove a 17.1 percentage point increase in foreign capital in Zhejiang Province.

  In January, Zhejiang’s contractual foreign capital increase reached US$1.03 billion, a year-on-year increase of 35.6%, accounting for 38.5% of contractual foreign capital, an increase of 8.8 percentage points from the same period last year.

Among them, the contract capital increase of more than 100 million US dollars accounted for 54.5% of the total capital increase.

  From an industry perspective, Zhejiang's service industry uses about 70% of foreign capital.

Statistics show that the province’s service industry actually used US$980 million in foreign capital, accounting for 70.2% of Zhejiang’s total, a year-on-year increase of 6.3%.

Among them, the scientific research and technical service industry increased by 2% year-on-year.

  In addition, the large increase in investment in Europe is also a major feature.

In January, Zhejiang's actual use of foreign capital from Europe reached 83.44 million U.S. dollars, a year-on-year increase of 38.1%.

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