The paid-in foreign investment flowing into East China’s Anhui province totaled $12.69 billion during the first eight months of 2019, up 4.1 percent year-on-year, according to the Bureau of Commerce of Anhui Province.
Cities of Hefei, Ma’anshan, Wuhu and Bengbu saw their paid-in foreign investment exceed $1 billion, while Fuyang, Anqing, Chizhou and Ma’anshan posted year-on-year increases of over 7 percent.
Paid-in foreign investment in the manufacturing sector rose 13.0 percent to $6.67 billion between January and August. Strategic emerging industries’ foreign investment stood at $2.51 billion, up 0.4 percent. The service sector saw a 2 percent increase to hit $4.87 billion. Paid-in foreign investment in the property sector reached $2.79 billion, down 10.5 percent from the same period a year ago.
228 foreign-funded enterprises were set up in the province in the Jan-Aug period. 136 out of them are engaged in the service industry, while 81 ones are manufacturers. 77 companies were founded by investors from Hong Kong, and Taiwanese invested in 53 enterprises.
Source :Anhui News