As one of the early events of the 2011 China International Green Innovation Technology Product Exhibition, the United Nations Trade and Development Organization yesterday issued a “Global Investment Trends & Policy Trend Monitoring Report” in Guangzhou. The data released in the report show that in the first half of this year, China’s actual utilization amount of foreign investment increased by 18.4% comparing with the previous year. According to relevant statistics of Binhai New Area, the actual utilization amount of foreign investment of Binhai New Area in the first half of this year has increased by 20.2% comparing with the previous year, the growth rate of which exceeded that of the country. As a new polar for China’s economic growth, Binhai New Area is powerful in attracting foreign investment.
The report data show that in the first half of this year, foreign investment inflows into China maintained strong growth momentum; the actual utilization amount of foreign investment reached $ 60.8 billion, representing a year-on-year growth of 18.4%. According to the related statistics of Binhai New Area, the actual utilization amount of foreign investment of Binhai New Area during the first half of this year is $ 4.59 billion, accounting for 7.5% of the total in the nation; the actual utilization amount of foreign investment of Binhai New Area in the first half of the year increased by 20.2%, 1.8 percentage points ahead of the national average level. It is understood that in the first half of the year, there are 89 projects with the amount of newly approved contractual foreign investment over $ 10 million. With the continuous optimization of investment environment, foreign investment absorption capacity of Binhai New Area is growing continually; high-quality foreign investment projects continue to be one of the important forces to promote sound and rapid development of Binhai New Area.
The report also pointed out that the “going out” pace of Chinese enterprises is significantly accelerated. The report shows that the annual flow of investment in foreign countries last year in China has surpassed Japan, Britain and other powers which conduct investment abroad, reached RMB 68 billion yuan, which set up a new record, representing a year-on-year growth of 17% and ranking No. 5 in the world. Total stock of foreign investment increased by 10 times comparing with that of 10 years ago and reached $ 300 billion. Chinese enterprises overseas M & A volume in 2010 was more than 29 billion U.S. dollars, increasing by 26% comparing with the previous year and ranking No. 4 in the world. The report predicts that China’s foreign investment may have a qualitative leap in the next decade; China is expected to have the 1:1 proportion of conducting investment overseas and absorbing foreign investment over the next 10 years.
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