| Foreign Investment | | 05/01/2007 15:50:04 CCPIT |
Actually utilized foreign funds totaled 72.406 billion US
dollars, marking and increase of 19.42% over 2004. The figure was over 12 billion US
dollars above the estimate of 60.3 billion US dollars issued by the Ministry of
Commerce in January, 2005. The figure
issued in January, 2005 did not include foreign direct investment (FDI) utilized in
the fields of banking, insurance, and securities, which accounts for the
difference. The retrospective figure better reflected an important
characteristic of China’s
utilization of foreign funds,
demonstrating the importance of service trades. China’s banking,
insurance, and securities services witnessed actual foreign direct investment as it hit a record high of 11.8
billion US dollars in 2005. This record demonstrated the extent to which
China has opened up itsmodern service
industry..
China approved 44,001 FDI projects in 2005, an increase of
0.8% over the previous year. Within the total of
FDI actually used, manufacturing industries and real estate industries accounted
for 70.4% and
9%, down 0.6 and 0.8 percentage compared with 2004, respectively. Leasing and commercial services, transportation,
storage and shipping services accounted for 6.2% and
3%, up 1.6 and 0.9 percent, respectively.
Foreign direct investment by sector in China
in 2005
|
|
|
|
(Unit: Million US
dollars) |
|
Sector |
Number of
contracts |
up
over 2004（%） |
Amount actually
used |
increased
over 2004(%) |
|
Total |
44,001 |
|
0.8 |
|
603.2 |
|
-0.5 |
|
|
Agriculture, forestry, animal
husbandry and fishery |
1,058 |
|
-6.4 |
|
7.2 |
|
-35.5 |
|
|
Mining
|
252 |
|
-9.7 |
|
3.5 |
|
-34.0 |
|
|
Manufacturing
|
28,928 |
|
-4.8 |
|
424.5 |
|
-1.3 |
|
|
Power, gas and water
production and supply |
390 |
|
-14.3 |
|
13.9 |
|
22.7 |
|
|
Construction
|
457 |
|
11.2 |
|
4.9 |
|
-36.5 |
|
|
Transportation, storage and
shipping services |
734 |
|
15.1 |
|
18.1 |
|
42.4 |
|
|
Information transmission,
computer services and software |
1,493 |
|
-8.0 |
|
10.1 |
|
10.7 |
|
|
Wholesale and
retail |
2,602 |
|
53.1 |
|
10.4 |
|
40.4 |
|
|
Accommodation and
catering |
1,207 |
|
2.8 |
|
5.6 |
|
-33.4 |
|
|
Finance |
40 |
|
-7.0 |
|
2.2 |
|
-13.0 |
|
|
Real
estate |
2,120 |
|
20.0 |
|
54.2 |
|
-8.9 |
|
|
Leasing and commercial
services |
2981 |
|
12.0 |
|
37.5 |
|
32.6 |
|
|
Scientific research,
technical services and geological
prospecting |
926 |
|
47.2 |
|
3.4 |
|
15.8 |
|
|
Water conservancy,
environmental management and public facility
management |
139 |
|
-15.2 |
|
1.4 |
|
-39.3 |
|
|
Resident services and other
services |
329 |
|
31.1 |
|
2.6 |
|
64.6 |
|
|
Education |
51 |
|
-13.6 |
|
0.2 |
|
-53.8 |
|
|
Public health services,
social insurance and social welfare |
22 |
|
4.8 |
|
0.4 |
|
-55.1 |
|
|
Culture, sports and
entertainment |
272 |
|
0
|
|
3.1 |
|
-31.8 |
|
|
Public management and social
organization |
|
|
|
|
0.04 |
|
105.6 |
|
|
|
|
|
|
|
|
|
|
|
|
The country realized 6.9 billion US dollars in overseas direct
investment (excluding the financial sector) in 2005, up 25.8% over 2004;
21.8 billion US dollars in overseas contract
projects, up 24.6%; and 4.8 billion US dollars of business volume from
cooperative labor services involving other countries, up 27.5%.
Foreign direct investment by industry in
China in 2005
|
Industry
|
Number of
projects |
％ |
Contractual foreign
funds |
％ |
|
Total |
552,960 |
100 |
12,856.73 |
100 |
|
The primary
industry |
15,521 |
2.81 |
251.44 |
1.96 |
|
The secondary
industry |
411,728 |
74.46 |
8,830.73 |
68.69 |
|
The tertiary
industry |
125,711 |
22.73 |
3,774.56 |
29.36 |
Foreign direct investment by region in China
in 2005
|
Region |
Number of
projects |
％ |
Contractual foreign
funds |
％ |
Actual use of foreign
funds |
％ |
|
Total |
552,960 |
100 |
12,856.73 |
| |
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