From Jan. to Apr., Nanjing newly approved 81 foreign-invested projects with registered contractual foreign capital of USD 1.57b and actual utilization of foreign capital reaching USD930m, up by 13.9% and 30% respectively year-on-year.
During the four months, the quality of Nanjing utilizing foreign capital was optimized and utilizing foreign capital weight in service industries was further uplifted. Three indicators in the number of newly approved projects, contractual foreign capital and actual foreign capital all accounted for over 50% in the first four months. The foreign trade structure was optimized with the increase in export volume and price of farm products, up by 50.3% year-on-year. Among Nanjing exported products, the export rate of newly hi-tech ones raised 12 percentage points. The levels of foreign economical cooperation were upgraded and out-bound contracting project level and investment scale were prominently raised.