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Actual use of foreign capital in Shandong reaches 17.61 bln US dollars in first nine months

2022/11/10 16:22:08   source:sdchina.com

In the first nine months of this year, the actual use of foreign capital in Shandong province reached 17.61 billion US dollars, up 8.3% year on year, and the scale remains the fourth in China. The actual utilization of foreign investment in the manufacturing sector was US $7.1 billion, up 55.5% year on year, representing a relatively fast growth. The actual use of Japanese and Korean funds amounted to US $2.95 billion, accounting for 16.8% of the province, 11.7 percentage points higher than the same period last year. The actual use of European and American investment amounted to US $550 million, accounting for 3.1% of the province, up by 0.4 percentage points compared with the same period last year. The structure of foreign investment was further optimized and the quality of foreign investment was continuously improved.

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