Utilization of foreign capital


Among all the FDI projects, 28 were production- orientated and 12 were non-production related . Four were in the energy industry, four in agriculture, four in real estate, eight in the service industry, four in the building industry, twelve in manufacturinge industry and three in the excavation industry. Key sources of FDI are shown in Table 7.29.5.

Table 7.29.4: Utilization of foreign capital, Qinghai Province, 1995 and 2000
 

Approved contracts

Actual utilization

Mode

Number

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

% change over previous year

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

% change over previous year

1995

Direct foreign investment:

28

28.10

131.93

   

     Equity joint ventures

23

24.46

116.34

   

     Contractual joint ventures

1

221.65

     

     Solely foreign-owned enterprises

4

0.50

328.43

   

2000

Direct foreign investment:

40

1.10202

67.5

0.3967

266

     Equity joint ventures

20

0.111931

96

0.0481

323

     Contractual joint ventures

6

0.4466

1745

0.1583

195

Solely foreign-owned enterprises

14

0.5436

793

0.1903

281

Table 7.29.5: Key sources of FDI

Source

No. of projects

Contract value(US$ million)

Hong Kong

18

48.63

USA

2

38.65

Australia

2

8.36

Canada

5

7.05

Taiwan

3

1.27

Singapore

1

4.82




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

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