Stable Development of Foreign Investment
In 2017, there are 52 newly-approved foreign-funded enterprises, and contractual foreign investment of 1925 million dollars, foreign fund actually used of 3864 million dollars, increasing 26.09% year on year. The fields of investment mainly focus on manufacturing industry, business trading service industry, computer service and software industry and other second and tertiary industries. The main sources of investment are Taiwan, Hong Kong, Macao, Japan, Korea, Southeast Asia area, and American and Canadian area. There are over 50 Fortune 500 Enterprises investing in Nanchang now, mainly including American Ford, Wal-Mart, Visteon, Pepsi, Coca-Cola; Japanese Hitachi, Isuzu; German Metro, Siemens; French Faurecia, Carrefour, Swiss ABB, and etc.
Strong Increase of Foreign Trade
In 2017, total import and export value of Nanchang City reaches 66.92 billion dollars, including 42.827 billion dollars for export, increasing 12.66% year one year, and 24.093 billion dollars for import, increasing 1.40% year on year. Meanwhile, enterprises further accelerate their steps for expanding international market. Trading countries and regions are developed from the original Asian, North American and European Markets to 212 countries and regions covering the world including emerging markets of South America, Africa and Oceania.
Accelerating Foreign Economic Cooperation
Under the complicated international and domestic economic situations, foreign economic enterprises in Nanchang City accelerate their pace of “stepping out”, with rapid foreign investment development. In 2017, there are 29 newly-approved overseas investment enterprises, contracted foreign investment of China party reaching 97.0925 million dollars; completing turnover of 427 million dollars of foreign contracted projects, dispatched 131 laborers and 675 laborers overseas in the end of the year.