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The spokesperson of MOFCOM Shen Danyang said at a routine press conference, in the first half of 2012, actual utilized foreign capital dipped 3 percent, of which the foreign capital actually utilized by real estate industry decreased by 12.4 percent. The annual trade surplus may be larger than that of 2011, yet the ratio of trade surplus in GDP will remain steady. According to statistics released by MOFCOM, from January to June, foreign investors set up a total of 11,705 new enterprises in the non-financial sector of China with FDI actually utilized 59.1 billion USD, dropping by 13.1 percent and 3 percent respectively compared to a year earlier. In June, the number of new foreign-funded enterprises was 2,444 with FDI actually utilized 12 billion USD, down by 16.3 percent and 6.9 percent on a year-on-year basis respectively. According to MOFCOM, in the first half, the actual utilized foreign capital of manufacturing industry and service industry were 27.02 billion USD and 27.24 billion USD, down by 5.1 percent and 2.9 percent respectively on a year-on-year basis; the actual utilized foreign capital of real estate industry dropped by 12.4 percent. In the first half, the 27 countries of the European Union set up 848 enterprises in China, 1.0 percent more than the year before. The total investment amounted to 3.52 billion USD, up by 1.6 percent. From January to May, the investment volume dropped 5.1 percent on a year-on-year basis. From January to June, the U.S. set up 698 enterprises in China with an investment of 1.63 billion USD, down by 4.0 percent and 3.2 percent respectively than the year before. Shen said the amount of actual utilized foreign capital round the year will remain steady. As the next move, MOFCOM will boost utilization of foreign capital in service sector, encourage foreign investment in strategic new-emerging industry, modern agriculture industry, modern service industry, energy-saving and environmental protection industry, and step up the amendment of The Catalogue of Advantaged Industries for Foreign Investment in the Central-Western Region. Shen said due to the faster growth rate of export than import since March, China’s trade surplus has been expanding. The annual trade surplus may be larger than that of 2011, yet the ratio of trade surplus in GDP will remain steady. Shen also added that, in the next half keeping the steady growth of export will go hand in hand with actively boosting import. With the gradual implementation of polices and measures for “steady growth”, their effect on stimulating domestic investment will gradually appear, and the demand for import is likely to rise. We are high quality suppliers, our products such as Square Tin Containers , China Metal Tin Bucket for oversee buyer. To know more, please visits Tin Cookie Containers.
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