Foreign investment exceeds 30 billion yuan in Ningbo
- Details
- Category: Ningbo News
- Published: Thursday, 28 February 2013 07:17
Ningbo has launched the three-year plan of the key development zone and takes advantage of the leading role of the foreign investment; the Invest in Ningbo· China came into operation and built a new bridge of business investment cooperation. Since 2013, Ningbo has continued to attract foreign investment and such three indicators as new foreigner investment projects, contracted projects and real foreign investment have increased in a comprehensive way. According to the Foreign Trade and Economic Bureau, by the end of January, the foreign investment has exceeded 30 billion dollars, reaching 30.23 billion dollars, accounting for 26.78 percent of the total.
The year of 2013 is the effective investment increase year set by the Ningbo municipal party committee and municipal government, and the foreign investment plays and important role. Facing to the severe situation of attracting foreign
investment, Ningbo strengthens to attract investment in advanced manufacturing, modern services and modern agriculture by innovation methods. Several days ago, the Singapore aviation industry delegation paid a visit on the Meishan Bonded Area, during which both parties made a positive exchange on establishing plane repair base in Ningbo, and aviation industrial park. Germany Lanxess Group, one Fortune 500, decided recently that they would invest 55 million euro to build a high-tech environmental friendly Iron oxide red pigments factory in Ningbo, becoming the second large modern Iron oxide red pigments base after the Shanghai Jinshan Factory.
The size of foreign investment increased. In January, 32 foreign investment projects were approved, the contracted foreign investment was 593 million dollars and the foreign investment in actual use was 301 million dollars, an increase of 45.5 percent, 15.5 percent and 7.3 percent respectively. In the same period, the national foreign investment in actual use decreased 7.3 percent and the provincial foreign investment in actual use was 3.2 percent.
According to statistics, over the past six years, the foreign investment in actual use is 15.23 billion dollars, surpassing the total investment in the past 24 years. “In this year, the Foreign Trade and Economic Bureau will make and implement several key industries and investment enhancing plan, striving to introduce 6-8 Fortune 500. In the meantime, expand the international investment area, promote the integration of foreign investment, foreign technology and foreign knowledge, ensuring the goal of three billion dollar foreign investment in actual use in the government report”, said Gu Liqun, the spokesperson of Municipal Foreign Trade and Economic Bureau.
