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Foreign Investment in Third Quarter Increasing by Almost Three Times
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  Reading:704  Origin:Guangzhou Cucheng Service Group  Refresh time:2011-10-14  
 
  In the third quarter of this year, the foreign investment in Guangzhou increased sharply, by almost three times over the same period of 2010. The Guangzhou City Administration of Industry and Commerce stated on Oct. 11 that there were 294 newly registered foreign-funded enterprises in Guangzhou, with the total investment of 2.754 billion USD, the registered capital of 1.259 billion USD and the foreign subscribed registered capital of 536 million USD. The above four indicators increased by 44 .83%, 277 .34%, 222.21% and 49.5% respectively over the same period of 2010. 

According to statistics, in the third quarter, new Hong Kong enterprises accounted for 58.16% of all foreign-funded enterprises, increasing by 10.14% over the same period of 2010, playing a leading role. New enterprises from Korea, Taiwan and Japan accounted for 5.56%, 4.76% and 2.38% respectively; there were 11 enterprises from the US, increasing by 450% over the same period of 2010. Additionally, in the third quarter, 62 foreign-funded enterprises, including 98 branches, nullified their registration, remaining stable. Up to late September, there were 10358 foreign-funded enterprises in Guangzhou, increasing by 6.43% over the same period of 2010. 

 
 
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