Utilization of foreign capital


In 2000, Yunnan approved 106 FDI contracts, with a total contracted investment of US$297.49 million. This was a fall of 10.45 per cent compared with 1999 (see Table 7.25.4).

Table 7.25.4: Utilization of foreign capital, Yunnan Province, 1995 and 2000
 

Approved contracts

Actual utilization

Mode (US$ million) year's total value

Number previous

Total value (US$ million) year's total value

% change over previous year

Total value

% change over previous year

1995

Direct foreign investment:

269

374.59

31.52

235.02

15.77

     Equity joint ventures

176

240.91

 

173.42

 

     Contractual joint ventures

8

30.79

 

8.94

 

     Solely foreign-owned enterprises

85

102.89

 

52.66

 

2000

Direct foreign investment:

106

297.49

-10.45

128.12

-16.72

     Equity joint ventures

38

73.81

 

72.04

 

     Contractual joint ventures

20

101.15

 

23.71

 

Solely foreign-owned enterprises

48

122.53

 

32.37

 

Among the 106 FDI projects approved in 2000, 71 were production-orientated and 35 non-production- related . Foreign direct investment came from 21 countries and regions . The top ten sources of FDI and their contracted investment amount are listed in Table 7.25.5.

Table 7.25.5: Key sources of FDI, Yunnan Province

Source

No. of projects

Contract value (US$ million)

Hong Kong

41

169.63

USA

16

98.05

Taiwan Province

18

6.92

Netherlands

1

5

Germany

1

4.07

Republic of Korea

2

3.7

Thailand

4

3.45

Australia

3

3.24

Singapore

5

2.78

Japan

5

2.4




Doing Business with China
Doing Business with China
ISBN: 1905050089
EAN: 2147483647
Year: 2003
Pages: 648
Authors: Lord Brittan

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