Focus丨The actual use of foreign capital in Shandong in the first three quarters increased by 50.9% year-on-year

The reporter learned from the Department of Commerce of Shandong Province yesterday that from January to September this year, the actual use of foreign capital in the province was 16.26 billion US dollars, an increase of 50.9% year-on-year, an increase of 25.7 percentage points higher than that of the whole country (the national increase of 25.2%), and the increase ranked first in the top six provinces and cities in the country in the use of foreign capital; an increase of 93% over the same period in 2019, an average increase of 38.9% in two years. In the month of September, the province's actual use of foreign capital was US$1.88 billion, an increase of 7.2% year-on-year, an increase of 137.3% over the same period in 2019, and an average increase of 54.1% in two years.

From the perspective of the industry, the actual use of foreign capital structure continues to be optimized. The actual use of foreign capital in the manufacturing industry was 4.57 billion US dollars, an increase of 111.6% year-on-year, of which the actual use of foreign capital in high-tech manufacturing was 950 million US dollars, an increase of 47.2% year-on-year. The actual use of foreign capital in the service industry was 10.33 billion US dollars, an increase of 31.1% year-on-year, of which the actual use of foreign capital in the high-tech service industry was 2.06 billion US dollars, an increase of 52.1% year-on-year, higher than the growth rate of 21 percentage points in the service industry; the actual use of foreign capital in the real estate industry accounted for 9.5%, down 18.9 percentage points from the same period last year.

From the perspective of the source of foreign capital, investment in the main source of investment has grown rapidly. The actual investment in Hong Kong in our province was US$12.73 billion, an increase of 51.1% year-on-year; Singapore invested US$1.24 billion, an increase of 74.4%; Japan and South Korea invested US$830 million, an increase of 142%, accounting for 5.1% of the province. RCEP member countries invested US$2.18 billion, an increase of 85.2% year-on-year, and countries and regions along the "Belt and Road" invested US$1.32 billion, an increase of 79.2% year-on-year.

From the perspective of each city, from January to September, 16 cities achieved double-digit growth. Among them, the two cities with the highest cumulative actual use of foreign capital and positive growth are Qingdao (ranked first in the province, an increase of 19.3%), Jinan (ranked second in the province in scale, an increase of 79.9%), and the city with the highest increase was Liaocheng (an increase of 348.3%).

Judging from the situation of the three circles, the regional layout of foreign investment is more balanced. The actual use of foreign capital in the Jiaodong Economic Circle (Qingdao, Yantai, Weifang, Weihai, Rizhao) was US$9.21 billion, an increase of 29.7% year-on-year, accounting for 56.6% of the province's total, down 9.3 percentage points from the same period last year; the actual use of foreign capital in the provincial capital economic circle (Jinan, Zibo, Dongying, Tai'an, Dezhou, Liaocheng, Binzhou) was US$4.6 billion, an increase of 95.8% year-on-year, accounting for 28.3% of the province's proportion, an increase of 6.5 percentage points over the same period last year; Lunan Economic Circle (Zaozhuang, Jining, Linyi, Heze) actually used foreign capital of 2.46 billion US dollars, an increase of 85.3% year-on-year, accounting for 15.1% of the province's total, an increase of 2.8 percentage points over the same period last year. The proportion of actual foreign capital used in the three circles was adjusted from 65.9:21.8:12.3 in the same period last year to 56.6:28.3:15.1.

Judging from the project situation, the supporting role of large projects has been further enhanced. From January to September, there were 150 foreign-funded enterprises with a capital of more than 30 million US dollars in the province, with a total capital of 9.08 billion US dollars, accounting for 55.8% of the province's proportion, of which 18 enterprises actually used foreign capital of more than 100 million US dollars, an increase of 7 over last year, with a total investment of 3 billion US dollars, an increase of 101.1%.