China News Service, Nanchang, July 27th (Reporter Wu Pengquan) The central province of Jiangxi has become a hot spot for foreign investment.

Since the reform and opening up, Jiangxi has introduced more than 20,000 foreign-invested enterprises, including 133 of the world's top 500 companies.

  A special press conference on open development, a series of press conferences celebrating the centenary of the founding of the party in Jiangxi Province, was held here on the 27th. Xie Yiping, director of the Jiangxi Provincial Department of Commerce, disclosed the above information when introducing the relevant situation of the province’s open development.

  Since the reform and opening up, Jiangxi has gone through a magnificent course of opening to the outside world.

The local government adheres to the combination of introduction and cultivation, develops and strengthens market players, enhances the vitality of opening up, and promotes open development.

  "In 1984, the investment amount of the first foreign investment project in our province was only 170,000 U.S. dollars. The current average investment in foreign investment projects is 21.81 million U.S. dollars." Xie Yiping said. US$14.6 billion, an increase of 485 times.

  The reporter learned that Jiangxi's foreign investment projects, from primary processing enterprises in the early stage of reform and opening up, to today's advanced manufacturing, modern service industries, and high-tech enterprises, attracting investment has become an important engine for the province to promote industrial development and upgrading.

  "In 2020, Jiangxi's advanced manufacturing and modern service industries will account for 57% and 33.5% of foreign investment respectively." Xie Yiping said, especially the key development of aviation, electronic information, equipment manufacturing, traditional Chinese medicine, new energy, and new materials. In other advantageous industries, 132 foreign investment projects were introduced, and the amount of foreign investment used was 2.336 billion US dollars, accounting for 16% of the province.

  It is worth mentioning that Jiangxi's foreign trade companies have grown from 3 provincial-level import and export companies in the early stage of reform and opening up to 5386 foreign trade companies with actual performance in 2020, a net increase of 641 in the first half of this year over the same period last year.

Jiangxi enterprises set up 785 overseas enterprises in 107 countries and regions.

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