Hainan FTP: Actual use of foreign capital up 23.3% in H1

In the first half of this year, the actual use of foreign capital in China’s southern island province of Hainan reached 13.37 billion yuan (about $1.8 billion), a year-on-year increase of 23.3%. The province also welcomed a total of 732 new foreign funded companies.

今年上半年,中國南島海南省外資實際使用額達到人民幣137.7億元(約合18億美元),同比增長23.3%。該省還歡迎共732家新的外資公司。

An aerial photo shows the Guoxing Avenue Central Business District in Hainan’s Haikou City, home to the WGT (Windows to Global Trade) building and many trading companies. (Photo: Li Tianping / Hainan Daily)

航空圖片顯示,在海南海口市的國興大道中央商務區,世界貿易窗口大廈和許多貿易公司的所在地。(照片:李天平/海南日報)

Official data shows that the actual use of foreign capital in modern services, one of the four leading industries of the Hainan Free Trade Port, grew 9.4% year-on-year, totaling 10.89 billion yuan (about $1.5 billion) and accounting for 81.5% of the province’s total actual use of foreign capital over the first two quarters of 2023.

官方數據顯示,海南自由貿易港四大主要産業之一現代服務業的實際利用外資同比增長9.4%,總計人民幣109.9億元(約合15億美元),佔該省2023年前兩個季度實際利用外資總額的81.5%。

In the first half of the year, the Hainan FTP attracted investments from 63 countries and regions around the world. The largest numbers of newly added firms in the province were from China’s Hong Kong and Taiwan, as well as the United States.

今年上半年,海南FTP吸引了來自世界63個國家和地區的投資。該省新增公司最多的是中國香港和台灣以及美國。

Thanks to the FTP investment promotions held regularly by the Hainan government, a raft of cooperative projects have attracted many international firms from Switzerland, Singapore, France, America, Japan, and other countries.

由於海南政府定期舉辦的FTP投資促進活動,許多合作項目吸引了來自瑞士、新加坡、法國、美國、日本和其他國家的許多國際公司。

UK-headquartered Swire Group has increased their investment in Hainan, while the Estée Lauder Group has set up their Asia-Pacific travel retail logistics center and China area headquarters in the FTP.

總部設在英國的太古集團增加了在海南的投資,而總部位於法國貿易省的澳大利亞蘭黛集團則成立了亞太旅遊零售物流中心和中國地區總部。

According to a representative from the Provincial Department of Commerce, Hainan will step up investment promotions in more countries and regions as well as continue to optimize policies and services facilitating foreign investors.

據省商務部代表説,海南將在更多的國家和地區加大投資促進力度,並繼續優化政策和服務,為外國投資者提供便利。