Friday, August 8, 2008

Yantai Foreign Investment

  From 1984 to 2002, the newly approved projects were 6,999, with the contractual foreign capital of Us$ 11.09 billion, actually used capital of Us$ 6.58 billion. All companies which had put into production were 1,900, ranked in the second place in Shandong province. Of which, the companies of foreign direct investment were 5,874, with contractual foreign capital of Us$ 10.3 billion, the actually used Us$ 5.94 billion; other projects were 997, with contractual foreign capital of Us$ 0.3 billion, actually used foreign capital of Us$ 0.19 billion; international lease were 61, with the contractual foreign capital of Us$ 52.94 million, actually used foreign capital 55.68 million; overseas loan projects were 67, with contractual foreign capital of Us$0.41 billion, the actually used foreign capital 0.36 billion; the contractual foreign capital by issuing stock in foreign countries was Us$ 36.93 million, so was actually used foreign capital. The projects with the total investment over Us$ 10 million were 312, with contractual foreign capital of Us$ 51.68 billion. 1046 foreign funded companies increased their investment, with contractual foreign capital of Us$ 13.56 billion. 61 organizations and companies set up their resident offices in overseas countries., also 345 overseas resident offices.

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