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More Overseas Investors Eye Anhui's Manufacturing

source:www.cnanhui.org release date:2019/06/12 hits:6

Foreign capital flowing into East China’s Anhui province stood at $5.85 billion between January and April, up 4.5 percent from the same period a year ago, Anhui Daily reported on Monday, citing statistics from the provincial commerce regulator.

The manufacturing sector drew an investment of $3.33 billion during the four months, representing a year-on-year increase of 11.60 percent. The chemical industry, the home appliance and information technology sector, and the metal manufacturing posted a rise of 126.70 percent, 94 percent and 77.50 percent, respectively.

Meanwhile, the service sector attracted $1.96 billion of actual overseas investment, down 2 percent year-on-year.

Investment from Singapore, the US and Japan rose 562.20 percent, 137.80 percent and 31.60 percent, respectively. Top ten investors (countries and regions) poured a total of $5.49 billion into the province, up 10.2 percent.

Development zones at or above the provincial level lured $3.76-billion foreign capital, up 23.40 percent, while counties saw an 11.1 percent increase in actual overseas investment.