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Actual use of foreign capital in Hunan up 6.9 pct in Q1 2020

April 17, 2020


Abstract : The actural use of foreign capital in Central China's Hunan province came to 4.75 billion U.S. dollars in the first quarter of 2020, an increase of 6.9 percent year-on-year, statistics from the Department of Commerce of Hunan Province showed.

BEIJING, April 17 (Xinhua) -- The actural use of foreign capital in Central China's Hunan province came to 4.75 billion U.S. dollars in the first quarter of 2020, an increase of 6.9 percent year-on-year, statistics from the Department of Commerce of Hunan Province showed.

Up to now, 98 percent of Hunan's 2407 key investment enterprises, including 200 key foreign-funded enterprises, have resumed operation.

To cope with the impact of COVID-19 outbreak, governments at national and provincial levels have issued a total of about 100 policies to supporting the resumption of work in seven aspects, including financing loans, employment, financial benefits, market supervision and etc.

These measures effectively boosted the confidence of enterprises to invest in Hunan. According to date from the Department of Commerce of Hunan Province, in the first quarter, 33 new projects contracted with Fortune 500, China's top 500 enterprises and top 500 private enterprises have been introduced to Hunan, with a total investment of 45.9 billion yuan.

In the next step, Hunan will continue to optimize the investment environment, accurately connect with key merchants, and continuously increase the attractiveness of investment.

(Edited by Bao Nuomin with Xinhua Silk Road, baonuomin@xinhua.org)

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Keyword: Hunan

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