China News Service, June 3, according to the website of the Ministry of Commerce, the head of the Cooperation Department of the Ministry of Commerce pointed out that when talking about China’s foreign investment cooperation from January to April 2020, from January to April, Chinese domestic investors 3084 overseas enterprises in the country and region have made non-financial direct investments, with a total investment of 235.08 billion yuan, a year-on-year increase of 0.7%.
In addition, the newly signed contract value of China's foreign contracted projects was 458.54 billion yuan, a year-on-year increase of 2.1%. 82,000 personnel of various types were dispatched to foreign labor service cooperation, and 877,000 personnel of various types were sent abroad at the end of April. Mainly present the following characteristics:
First, investment in the “Belt and Road” has maintained growth. From January to April, Chinese companies invested USD 5.23 billion in non-financial direct investment in 53 countries along the “Belt and Road”, an increase of 13.4% year-on-year, accounting for 15.6% of the total investment in the same period, an increase of 2.3 percentage points from the previous year. Among them, non-financial direct investment in ASEAN reached US$3.94 billion, a year-on-year increase of 43.3%.
Second, the structure of foreign investment continued to diversify. From January to April, foreign non-financial direct investment mainly flowed to the fields of leasing and business services, wholesale and retail, and manufacturing, accounting for 37.4%, 17.4%, and 13.8%, of which leasing and business services, wholesale, and retail Industry investment increased by 40.4% and 96.0% year-on-year, respectively, and manufacturing investment decreased by 32.0% year-on-year. Over the same period, investment in scientific research and technology services, agriculture, forestry, animal husbandry and fishery increased by 69.6% and 50.0% year-on-year, respectively.
The third is that there are many newly signed major projects in foreign contracted projects. From January to April, there were 230 projects with a new contract value of more than US$50 million, totaling US$53.8 billion, accounting for 82.2% of the total value of newly signed contracts. Among them, there are 140 projects with hundreds of millions of dollars, an increase of 9 over the previous year.
Fourth, some industries of foreign contracted projects are doing well. From January to April, the amount of newly signed contracts for general construction, industrial construction and water conservancy construction projects increased rapidly. Among them, the new contract value for general construction was US$14.32 billion, up 44.8% year-on-year; the new contract value for industrial construction was US$3.12 billion, up 30.5% year-on-year; the new contract value for water conservancy construction was US$2.4 billion, up 83.2% year-on-year.