Shandong's FDI up 43.5% in Jan-Oct
3 years, 1 month ago

Shandong's FDI up 43.5% in Jan-Oct

China Daily  

From January to October this year, the foreign direct investment in Shandong totaled $18.1 billion, up 43.5 percent year-on-year, 20.1 percentage points higher than the national growth rate, according to statistics from the Shandong Provincial Department of Commerce. The actual utilization of foreign investment in the province's manufacturing sector reached $5.15 billion, up 107.3 percent year-on-year, among which high-tech manufacturing utilized $1 billion, up 48.5 percent year-on-year. The service industry's actual utilization of FDI was $11.35 billion, up 22.2 percent year-on-year. Actual investment from China's Hong Kong reached $14.14 billion, up 42.4 percent year-on-year.

Investment Billion Shandong Fdi Period Actual  utilized  reached  utilization  yearonyear  fdi  investment  435  period  actual  shandongs  shandong  janoct  billion

History of this topic

China's FDI inflow rises 6% in November
1 week, 3 days ago

China's FDI inflow rises 6% in November

China Daily  

BEIJING -- Foreign direct investment in the Chinese mainland in actual use climbed 6 percent in November from the same period last year, the Ministry of Commerce said Saturday. From January to November, the actual use of FDI stood at 749.7 billion yuan, down 27.9 percent year-on-year. The proportion of actual use of FDI in high-tech manufacturing rose 0.3 percentage …

Trade, opening-up surging over years
2 months, 3 weeks ago

Trade, opening-up surging over years

China Daily  

In the early stages, foreign companies sent their managers, sales experts and engineers, along with product samples, to cities like Shanghai, Beijing and Guangzhou, Guangdong province to establish representative offices and test the viability of the Chinese market — particularly during the 1980s. With products manufactured in China being supplied to both domestic and international markets, foreign enterprises like France's …

Trade, opening-up surging over years
2 months, 3 weeks ago

Trade, opening-up surging over years

China Daily  

In the early stages, foreign companies sent their managers, sales experts and engineers, along with product samples, to cities like Shanghai, Beijing and Guangzhou, Guangdong province to establish representative offices and test the viability of the Chinese market — particularly during the 1980s. With products manufactured in China being supplied to both domestic and international markets, foreign enterprises like France's …

Shandong continues to draw FDI from MNCs
8 months, 3 weeks ago

Shandong continues to draw FDI from MNCs

China Daily  

A high-end equipment cooperation session recently took place in Beijing as part of cooperation talks between Shandong and multinational corporations. This event oversaw the signing of contracts for three significant high-end equipment projects, totaling a remarkable $320 million in investment, including foreign capital contracts valued at $25 million. Executives from various multinational high-end equipment companies gathered at the venue, highlighting …

Officials: China set to pull in more FDI
9 months ago

Officials: China set to pull in more FDI

China Daily  

Tim Cook, CEO of Apple, shows up as Apple opens its eighth store in Shanghai on Thursday. GAO ERQIANG/CHINA DAILY China's vast market size and complete supply chain, combined with a series of policies focused on stabilizing the economy and enhancing openness, will further brighten conditions for attracting foreign investment, said government officials and heads of multinational corporations on Friday. …

Cooperation trumps competition for win-win
10 months, 3 weeks ago

Cooperation trumps competition for win-win

China Daily  

Visitors are at the zero-carbon city sand table at the exhibition stand of Schneider Electric SE during the 6th China International Import Expo in Shanghai on Nov 7. TIAN YUHAO/CHINA NEWS SERVICE Decades ago, multinational corporations operating in China employed a simple, two-step formula to manage their businesses: introduce products that proved successful elsewhere already; and use local factories to …

Multiple sectors see rise in foreign investment
11 months, 4 weeks ago

Multiple sectors see rise in foreign investment

China Daily  

Containers are unloaded at Qingdao Port in Shandong province in March. China saw the number of newly established foreign-invested enterprises reach 48,078 during the first 11 months of 2023, soaring 36.2 percent year-on-year, data from the Ministry of Commerce showed. In the meantime, foreign direct investment into the Chinese mainland in terms of actual use dropped 10 percent year-on-year to …

Shandong retains strong appeal for investment
1 year, 1 month ago

Shandong retains strong appeal for investment

China Daily  

A worker processes equipment parts at a high-tech company in Rizhao, Shandong province. From January to September this year, the actual utilization of foreign investment in Shandong province reached 102.21 billion yuan, the fifth largest in the country, officials from the Shandong Provincial Department of Commerce announced at a news conference on Oct 30. During this period, the actual utilization …

Shandong retains strong appeal for investment
1 year, 1 month ago

Shandong retains strong appeal for investment

China Daily  

A worker processes equipment parts at a high-tech company in Rizhao, Shandong province. From January to September this year, the actual utilization of foreign investment in Shandong province reached 102.21 billion yuan, the fifth largest in the country, officials from the Shandong Provincial Department of Commerce announced at a news conference on Oct 30. During this period, the actual utilization …

Shandong's GDP grows 6% in first three quarters
1 year, 1 month ago

Shandong's GDP grows 6% in first three quarters

China Daily  

A view of Qingdao Port in Shandong province. ZHANG JINGANG/FOR CHINA DAILY The gross domestic product of Shandong province reached 6.81 trillion yuan in the first three quarters of the year, a year-on-year growth of 6 percent in real terms, according to official statistics. Over the same time period added value of its primary industry increased by 4.3 percent to …

New system to redress MNCs' grievances
1 year, 3 months ago

New system to redress MNCs' grievances

China Daily  

China will launch a new system at the end of this month for foreign companies to file complaints, grievances and suggestions, so that the government could redress them promptly, thereby helping improve the business climate and attract more foreign investment, said a senior government official on Friday. Speaking ahead of the 2023 Qingdao Multinationals Summit, which will be held in …

Shandong's GDP growth hits 4.7% in Q1
1 year, 7 months ago

Shandong's GDP growth hits 4.7% in Q1

China Daily  

An employee welds equipment at a machinery manufacturer in Qingzhou, Shandong province. WANG JILIN/FOR CHINA DAILY Shandong province is off to a flying start this year, with its GDP surpassing 2 trillion yuan in the first quarter of the year, a year-on-year increase of 4.7 percent, demonstrating a stable and accelerated economic recovery. The added value of Shandong's primary industry …

Economic rebound prompts investment, new goals for foreign multinationals
1 year, 9 months ago

Economic rebound prompts investment, new goals for foreign multinationals

China Daily  

A Siemens staff member introduces the company's surgical robot to doctors in Qionghai, Hainan province, in 2021. Hou Yang, chairman and CEO of Microsoft Greater China, said multinationals are joining policymakers in hoping that measures announced at the two sessions will effectively reboot China's economic development dynamics, both internal and external. "At the highest level, Microsoft believes that the digital …

Shandong boosts efforts to attract, utilize foreign investment
1 year, 9 months ago

Shandong boosts efforts to attract, utilize foreign investment

China Daily  

China will further its efforts to attract and utilize more foreign investment this year, as outlined in the Government Work Report submitted to the national legislature for deliberation on March 5. Yantai, a coastal city in Shandong, has been working hard to create a better business environment for foreign companies in recent years. Relying on open carriers, such as free …

Shandong's foreign trade rises 15.7% from Jan-Sept
2 years, 1 month ago

Shandong's foreign trade rises 15.7% from Jan-Sept

China Daily  

A US cargo ship docks at the Qingdao Port, Shandong province. In the first three quarters of this year, Shandong's foreign trade increased by 15.7 percent year-on-year to 2.44 trillion yuan, ranking sixth in the country, according to statistics from Qingdao customs. During this period, the province's exports surged by 20.8 percent to 1.48 trillion yuan, while its imports amounted …

前七月吸收外资近8000亿元 我国对外资吸引力依然强劲
2 years, 4 months ago

前七月吸收外资近8000亿元 我国对外资吸引力依然强劲

China Daily  

商务部新发布的数据显示，2022年1至7月，全国实际使用外资金额7983.3亿元人民币，同比增长17.3%。吸收外资的持续高速增长，反映出外资对中国经济的信心。 Employees work on the production line of a foreign funded electronics company in Hai'an, Jiangsu province. Foreign direct investment in China has grown 17 percent year-on-year to 798.33 billion yuan in the first seven months of this year, indicating that the country's ability to attract capital is intact despite challenges threatening the recovery of the global economy, said experts …

前七月吸收外资近8000亿元 我国对外资吸引力依然强劲
2 years, 4 months ago

前七月吸收外资近8000亿元 我国对外资吸引力依然强劲

China Daily  

商务部新发布的数据显示，2022年1至7月，全国实际使用外资金额7983.3亿元人民币，同比增长17.3%。吸收外资的持续高速增长，反映出外资对中国经济的信心。 Employees work on the production line of a foreign funded electronics company in Hai'an, Jiangsu province. Foreign direct investment in China has grown 17 percent year-on-year to 798.33 billion yuan in the first seven months of this year, indicating that the country's ability to attract capital is intact despite challenges threatening the recovery of the global economy, said experts …

Shandong's foreign trade grows 18.8% in Jan-July
2 years, 4 months ago

Shandong's foreign trade grows 18.8% in Jan-July

China Daily  

Containers are unloaded at Qingdao Port in Shandong province. In the first seven months of this year, the total value of Shandong's imports and exports reached 1.89 trillion yuan, up 18.8 percent year-on-year, according to local customs authorities. In July, Shandong's imports and exports reached 321.18 billion yuan, up 31.4 percent year-on-year, setting a new record for the third time …

China's FDI inflow up 17.4% in H1
2 years, 4 months ago

China's FDI inflow up 17.4% in H1

China Daily  

Xinhua| Updated :2022-08-02 Foreign direct investment into the Chinese mainland, in actual use, expanded 17.4 percent year-on-year to 723.31 billion yuan in the first half of the year, the Ministry of Commerce said Friday. Specifically, foreign investment in high-tech manufacturing rose 31.1 percent, while that in the high-tech service sector jumped 34.4 percent. The service industry received 537.13 billion yuan …

Shandong powers ahead economically
2 years, 4 months ago

Shandong powers ahead economically

China Daily  

An Oriental stork flies to its nest on a pole at the Yellow River Delta National Nature Reserve in Dongying, Shandong. The province helped create 13 provincial-level competitive industrial clusters by last year, including clusters dedicated to new energy materials, information technology and marine equipment, by creating complete industrial chains and fostering a comprehensive, rules-based business environment that covers companies, …

Shandong remains foreign investment magnet
2 years, 6 months ago

Shandong remains foreign investment magnet

China Daily  

Containers are unloaded at Qingdao Port in Shandong province in March. In 2021, the actually utilized foreign direct investment in the manufacturing sector reached $6.54 billion, up 72.9 percent year-on-year. For example, the Jiaodong Economic Circle, which consists of Qingdao, Yantai, Weifang, Weihai, and Rizhao, actually utilized foreign direct investment of $12.11 billion, up 9.7 percent. The Provincial Capital Economic …

Shandong remains foreign investment magnet
2 years, 6 months ago

Shandong remains foreign investment magnet

China Daily  

Containers are unloaded at Qingdao Port in Shandong province in March. In 2021, the actually utilized foreign direct investment in the manufacturing sector reached $6.54 billion, up 72.9 percent year-on-year. For example, the Jiaodong Economic Circle, which consists of Qingdao, Yantai, Weifang, Weihai, and Rizhao, actually utilized foreign direct investment of $12.11 billion, up 9.7 percent. The Provincial Capital Economic …

Shandong's foreign trade increases by 17.3% in Jan-May
2 years, 6 months ago

Shandong's foreign trade increases by 17.3% in Jan-May

China Daily  

Vehicles for export await shipment at Yantai Port, Shandong province. TANG KE/FOR CHINA DAILY In the first five months of this year, Shandong's foreign trade volume reached 1.27 trillion yuan, up 17.3 percent year-on-year, according to statistics from the local customs authorities. During this period, the province's exports reached 757.25 billion yuan, up 26.8 percent, while its imports totaled 512.78 …

Shandong's foreign trade increases by 17.3% in Jan-May
2 years, 6 months ago

Shandong's foreign trade increases by 17.3% in Jan-May

China Daily  

Vehicles for export await shipment at Yantai Port, Shandong province. TANG KE/FOR CHINA DAILY In the first five months of this year, Shandong's foreign trade volume reached 1.27 trillion yuan, up 17.3 percent year-on-year, according to statistics from the local customs authorities. During this period, the province's exports reached 757.25 billion yuan, up 26.8 percent, while its imports totaled 512.78 …

Fixed-asset investment increases in Shandong
2 years, 8 months ago

Fixed-asset investment increases in Shandong

China Daily  

Employees work on an auto assembly line in Qingzhou, Shandong province, on March 1. Shandong's fixed-asset investment grew 11.6 percent year-on-year in the first two months of the year, according to data from the Shandong Provincial Bureau of Statistics. From January to February, infrastructure investment in the province grew steadily, with a year-on-year growth of 10.5 percent, driving total investment …

Shandong sees growth in added value of industrial enterprises
2 years, 10 months ago

Shandong sees growth in added value of industrial enterprises

China Daily  

The added value of industrial enterprises above a designated size in Shandong province increased by 9.6 percent on a yearly basis in 2021, with an average growth of 7.3 percent over the past two years, 1.2 percentage points higher than the national average, official statistics showed. The main economic indicators of Shandong's chemical industry achieved comprehensive growth, with operating income …

What's behind China's robust FDI this year?
3 years ago

What's behind China's robust FDI this year?

China Daily  

BEIJING — China posted faster growth in foreign direct investment this year, with a growing appeal thanks to its steady recovery despite a COVID-19-induced global economic slowdown. "Foreign capital would flow to wherever the market flourishes and opportunities thrive," said Liu Xiangdong, a researcher with the China Center for International Economic Exchanges. The International Monetary Fund forecasts that China's economy …

Shandong's FDI up 28.7% in Jan-Nov
3 years ago

Shandong's FDI up 28.7% in Jan-Nov

China Daily  

From January to November this year, the foreign direct investment in Shandong province totaled $19.58 billion, up 28.7 percent year-on-year, 7.3 percentage points higher than the national growth rate, according to statistics from the Shandong Provincial Department of Commerce. In the first 11 months, the actual use of foreign investment in the manufacturing industry in Shandong reached $5.98 billion with …

Shandong sees steady economic growth in Jan-Oct
3 years, 1 month ago

Shandong sees steady economic growth in Jan-Oct

China Daily  

East China's Shandong province has maintained steady economic growth during the first 10 months of this year due to encouraging performances in the manufacturing and service sectors, according to data recently released by the Shandong Provincial Bureau of Statistics. During this period, the added value of industrial enterprises above designated size in Shandong increased by 10.5 percent year-on-year, with an …

Shandong economy witnesses steady growth in Q1-Q3
3 years, 1 month ago

Shandong economy witnesses steady growth in Q1-Q3

China Daily  

A US cargo ship docks at the Qingdao Port, Shandong province. Official statistics show that from January to September, the province's GDP reached 6.04 trillion yuan, up 9.9 percent year-on-year based on comparable prices and an average growth of 5.8 percent in the two years. The added value of its primary industry reached 412.99 billion yuan, up 7.7 percent year-on-year …

FDI shows strong Jan-Sept increase
3 years, 2 months ago

FDI shows strong Jan-Sept increase

China Daily  

A steady growth of foreign direct investment in the Chinese mainland in actual use during the first nine months demonstrates an improvement in the country's business climate and that global investors have become increasingly interested in investing in China's services sector, experts said. "The 19.6 percent growth in actual-use FDI is satisfying overall and demonstrates that China's business environment remains …

Shandong's foreign trade increases by 36.8% in Jan-Sept
3 years, 2 months ago

Shandong's foreign trade increases by 36.8% in Jan-Sept

China Daily  

The total value of imports and exports in Shandong province in the first three quarters of this year reached 2.12 trillion yuan, up 36.8 percent from the same period last year and 41.9 percent from the same period in 2019, according to customs statistics. In September, the province's foreign trade reached 268.32 billion yuan, up 23.2 percent year-on-year and hitting …

Shandong's FDI inflow up 59.5% in first 8 months
3 years, 2 months ago

Shandong's FDI inflow up 59.5% in first 8 months

China Daily  

Foreign direct investment into Shandong province in actual use rose 59.5 percent year-on-year to $14.38 billion in the first eight months of the year, the Shandong Provincial Department of Commerce recently announced. Actual utilized foreign investment in the manufacturing sector reached $3.95 billion, up 116.3 percent year-on-year, among which high-tech manufacturing actually utilized $790 million, up 31.2 percent year-on-year. Actually …

World's second largest economy
3 years, 3 months ago

World's second largest economy

China Daily  

With a population of more than 1.4 billion, China is increasingly playing an important and influential global role. According to the National Economy and Social Development Statistical Bulletin 2020 released by the National Bureau of Statistics, China's GDP increased by 2.3 percent year-on-year, reaching 101,598.6 billion yuan, making it the world's only major economy to attain positive growth. With China …

Shandong economy posts sustained, steady growth in Jan-July
3 years, 3 months ago

Shandong economy posts sustained, steady growth in Jan-July

China Daily  

Shandong province has made concerted efforts to promote sustained and steady growth of the regional economy, said local authorities. During this period, the added value of industrial enterprises above designated size in Shandong grew by 14.3 percent year-on-year, with a two-year average growth of 7.2 percent. Fixed asset investment grew 10.9 percent year-on-year, with a two-year average growth of 6.3 …

Shandong economy posts sustained, steady growth in Jan-July
3 years, 3 months ago

Shandong economy posts sustained, steady growth in Jan-July

China Daily  

Shandong province has made concerted efforts to promote sustained and steady growth of the regional economy, said local authorities. During this period, the added value of industrial enterprises above designated size in Shandong grew by 14.3 percent year-on-year, with a two-year average growth of 7.2 percent. Fixed asset investment grew 10.9 percent year-on-year, with a two-year average growth of 6.3 …

Actual use of foreign investment in Shandong up 68.5% in Jan-July
3 years, 3 months ago

Actual use of foreign investment in Shandong up 68.5% in Jan-July

China Daily  

The actual use of foreign investment in East China's Shandong province increased by 68.5 percent year-on-year, hitting $12.53 billion in the first seven months of this year, statistics from the Shandong Provincial Department of Commerce showed. The Jiaodong Economic Circle's actual use of foreign capital reached $7.3 billion, up 33.8 percent year-on-year and accounting for 58.3 percent of the province’s …

Shandong's foreign trade up 40.1% in Jan-July
3 years, 4 months ago

Shandong's foreign trade up 40.1% in Jan-July

China Daily  

Shandong's foreign trade grew 40.1 percent year-on-year to 1.59 trillion yuan during the first seven months of 2021, accounting for 7.4 percent of the nation's total, local customs authorities said. Qingdao Port in Shandong province During this period, the province's exports reached 906.99 billion yuan, up 43 percent year-on-year, while its imports totaled 681.19 billion yuan, up 36.5 percent. During …

Shandong's foreign trade up 40.1% in Jan-July
3 years, 4 months ago

Shandong's foreign trade up 40.1% in Jan-July

China Daily  

Shandong's foreign trade grew 40.1 percent year-on-year to 1.59 trillion yuan during the first seven months of 2021, accounting for 7.4 percent of the nation's total, local customs authorities said. Qingdao Port in Shandong province During this period, the province's exports reached 906.99 billion yuan, up 43 percent year-on-year, while its imports totaled 681.19 billion yuan, up 36.5 percent. During …

China's overseas foreign direct investment set to gradually grow
3 years, 4 months ago

China's overseas foreign direct investment set to gradually grow

China Daily  

A clerk counts yuan bank notes and US dollar bills at a branch of the Industrial and Commercial Bank of China in Huaibei, East China's Anhui province. Editor's Note: Foreign direct investment has played a major role in China's economic development, but now China has become not only the top FDI destination but also the largest source of outward foreign …

China's overseas foreign direct investment set to gradually grow
3 years, 4 months ago

China's overseas foreign direct investment set to gradually grow

China Daily  

A clerk counts yuan bank notes and US dollar bills at a branch of the Industrial and Commercial Bank of China in Huaibei, East China's Anhui province. Editor's Note: Foreign direct investment has played a major role in China's economic development, but now China has become not only the top FDI destination but also the largest source of outward foreign …

From seeking FDI to becoming top overseas foreign direct investor
3 years, 4 months ago

From seeking FDI to becoming top overseas foreign direct investor

China Daily  

JIN DING/CHINA DAILY Editor's Note: Foreign direct investment has played a major role in China's rapid economic development, but now China has become, along with the top FDI destination, the largest source of outward foreign direct investment in the world, writes a veteran journalist with China Daily in the first of a series of commentaries on the importance of foreign …

From seeking FDI to becoming top overseas foreign direct investor
3 years, 4 months ago

From seeking FDI to becoming top overseas foreign direct investor

China Daily  

JIN DING/CHINA DAILY Editor's Note: Foreign direct investment has played a major role in China's rapid economic development, but now China has become, along with the top FDI destination, the largest source of outward foreign direct investment in the world, writes a veteran journalist with China Daily in the first of a series of commentaries on the importance of foreign …

Shandong State-owned enterprises deliver strong performance in H1
3 years, 5 months ago

Shandong State-owned enterprises deliver strong performance in H1

China Daily  

Provincial State-owned enterprises in Shandong posted strong performance in the first half of this year, according to an announcement at a news conference held on July 22 by the Information Office of the Shandong Provincial People's Government. By the end of June, the total assets of Shandong provincial State-owned enterprises were valued at 3.93 trillion yuan, up 9 percent and …

Shandong GDP up 12.8% in H1
3 years, 5 months ago

Shandong GDP up 12.8% in H1

China Daily  

The gross domestic product of East China's Shandong province rose by 12.8 percent year-on-year in the first half of this year, totaling nearly 3.89 trillion yuan, according to an announcement at a news conference held by the Shandong Provincial People's Government. In the first half of this year, the added value of primary industries totaled 265.34 billion yuan, up 7.4 …

Shandong remains a magnet for foreign investment
3 years, 5 months ago

Shandong remains a magnet for foreign investment

China Daily  

As Shandong continues to deepen its opening up and improve its business environment, it has become increasingly attractive to foreign investment, local media reported recently. Statistics from the Shandong Provincial Department of Commerce showed that there were 1,074 newly established foreign-invested enterprises in Shandong in the first five months of this year, a year-on-year growth of 31.5 percent, while the …

Shandong remains a magnet for foreign investment
3 years, 5 months ago

Shandong remains a magnet for foreign investment

China Daily  

As Shandong continues to deepen its opening up and improve its business environment, it has become increasingly attractive to foreign investment, local media reported recently. Statistics from the Shandong Provincial Department of Commerce showed that there were 1,074 newly established foreign-invested enterprises in Shandong in the first five months of this year, a year-on-year growth of 31.5 percent, while the …

Shandong poised to attract more multinationals
3 years, 5 months ago

Shandong poised to attract more multinationals

China Daily  

Cargo is loaded at Qingdao Port, Shandong province. Festo, one of the leading industrial control and automation companies from Germany, opened its global production center in Jinan, capital of Shandong on April 21. Jiang Zuolin, vice-president of operations at Festo China, said that the reason why Festo continued to invest in Shandong is closely related to the excellent business environment …

FDI use surges in Jining from Jan to May
3 years, 6 months ago

FDI use surges in Jining from Jan to May

China Daily  

The actual use of foreign direct investment in Jining, East China's Shandong province reached $562 million during the first five months of the year, ranking fourth in the province, local media outlets reported. Foreign capital inflows into the city's manufacturing sector, as well as those from Japanese and South Korean investors have achieved substantial growth over the same period. The …

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