According to the Statistics Bureau of Hebei province, the amount of the province’s utilized foreign capital continued to grow this year. And in May it reached $350 million, an increase of 35.3%, year-on year. The direct foreign investment was $350 million, up 34.5%.
So the amount of foreign capital actually utilized in the last five months was $1.29 billion, an increase of 13.7% year-on-year. Among them, direct foreign investment was $1.2 billion, up 8.9%,.
Furthermore, the investment structure has been improved. The service industry attracted $120 million of foreign investment, 20.6 times more than last month. And it accounted for 34.2% of the foreign investment in May. Wholesale and retail commerce industry attracted $67.39 million, an increase of 6.7 times year-on-year. Real estate industry attracted $26.14 million, an increase of 31.7 times from the previous year.
High-tech industry has become the focus of investors. Its direct foreign investment was $140 million, an increase of 10.7 times. And it accounted for 38.6% of the total amount.
The investment from Hong Kong, Taiwan and British Virgin Islands grew rapidly. The investment from Hong Kong was $120 million, an increase of 2.5 times, accounting for 35.2% of the total amount. The investment from Taiwan was $9.5 million, an increase of 26.9 times, accounting for 2.7%. British Virgin Islands was $140 million, up 37.3 times, accounting for 40.6%.
By Guo Changdong and Wang Meng
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