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458 Foreign Invested Projects Were Newly Approved in Liaoning in the First Quarter
 
2005-04-22 Special Commissioner's Office in Dalian
 
 

Between January and March this year, 458 projects involving FDI were newly approved. The figure marks a drop of 15.8% compared with the same period last year and is 6.6 percentage points lower than the national average. These projects involved paid-up FDI of 1.605 billion USD, up 60.4% and 55.9 percentage points higher than the national average. The actualized FDI stood at 766 million USD, up 83.6% and 74.1 percentage points higher than the national average. In breakdown, 99 projects were large projects each with a total investment of over 5 million USD. The figure marked a comparative increase of 47.76% in FDI number. The contractual FDI involved stood at 1.299 billion USD, up 113.7% comparatively and taking up 80.9% of the total contractual FDI of these 458 projects. The two bases and three pillar industries in the province witness high growth in FDI utilization. They represent 345 of the newly approved projects, accounting for 75.38% of the province's total, 1.01 billion USD of contractual FDI, taking up 63.3% of the province's total, and 508 million USD of actualized FDI, up 136.5% and taking up 66.3% of the province's total.

Of all the major countries and regions of investment origin, Hong Kong, Macau, Japan, South Korea and the US register over 100 million USD both in terms of contractual investment and paid-up investment..

Source:Special Commissioner's Office in Dalian