Anhui's pilot FTZ sees robust foreign trade in H1

Updated:Aug 05,2022 10:45 AM Xinhua

HEFEI, Aug. 4 (Xinhua) -- The pilot free trade zone (FTZ) in east China's Anhui Province generated foreign trade of 95.93 billion yuan (about 14.2 billion U.S. dollars) in the first half of this year, up 28.5 percent year on year.

Foreign direct investment in actual use in the pilot FTZ reached 110 million U.S. dollars, according to the administration office of China (Anhui) Pilot Free Trade Zone.

During this period, 7,674 new enterprises were established, and 229 projects worth more than 100 million yuan were signed for Anhui's pilot FTZ, with a combined contractual investment of 204.73 billion yuan, official data showed.

Anhui will further promote institutional opening-up and develop more institutional innovation achievements to forge a new platform for reform and opening up, said Liu Guang, an official with the pilot FTZ's administration office, who is also the deputy head of the Anhui provincial department of commerce.