Beijing sees 227 foreign-funded enterprises set up in Jan and Feb 2019

2019-03-21 16:01 千龙网

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Totally 227 foreign-funded enterprises had been set up in Beijing in the first two months of 2019, up 9.7 percent year-on-year, according to Beijing Municipal Commerce Bureau.

Beijing saw a 20% increase in contractual foreign investment, reaching US$5.66 billion, with the paid-in investment of US$2.31 billion.

Among the 227 foreign investment firms, 97.8 percent belong to the service sector, reaching up to 222 ones.

Of the 222 enterprises, 186 ones are in the key fields of service sector’s further opening-up, increasing 23.2 percent year-on-year.

In terms of specific industries, information service, science & technology service industries as well as commercial service industry kept a good momentum of growth.

A total of 27 firms were set up in information transmission, software and information technology service industries in January and February.

Meanwhile, the total volume of foreign capital actually used amounted to $940 million, growing 3.2 times.

The science research and technology service industries added 101 enterprises and actually utilized foreign capital of US$510 million, rising 94 percent.

While, the 41 newly built enterprises in lease and commercial service industries received $130 million paid-in foreign investment, increasing 6.1 times compared with the previous year.

It is learnt that Beijing Municipality is the only comprehensive pilot city of China to open up its service sector wider to the world.

Beijing will pilot in six major fields, namely, science & technology service industry, Internet &information, culture & education, finance, commerce & tourism and health care.


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