BEIJING, Jan. 21 (Xinhua) -- South China's Hainan province saw its actual use of foreign investment surge 112.68 percent year on year to 733.05 million U.S. dollars (excluding data of investment companies) in 2018, according to Xinhua-run Shanghai Securities News citing statistics from Hainan provincial commerce department.
This mirrors more and more foreign enterprises’ active participation in Hainan's development amid the province’s construction of free trade pilot zone and a free trade port with Chinese characteristics.
There were a total of 167 foreign-invested companies established in 2018, a big jump of 91.9 percent from previous year. Among them, 52 are Sino-foreign joint ventures, and 109 foreign enterprises, according to the report. (Edited by Niu Huizhe, niuhuizhe@xinhua.org)
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