Northeast China's Jilin province attracts more foreign capital in 2018

Update: 2019-02-19
(Xinhua)

Northeast China's Jilin province attracts more foreign capital in 2018

Workers carry out welding production at FAW-Volkswagen's new Audi Q plant in Changchun, Northeast China's Jilin Province, March 29, 2018. [Photo/Xinhua]

China's Jilin Province attracted more foreign capital in 2018, with its actual use doubling year on year to $702 million, according to the Jilin provincial branch of the State Administration of Foreign Exchange (SAFE) Monday.

According to the branch, the foreign direct investment (FDI) in Jilin Province hit $275 million last year, marking a year-on-year growth of 18.92 percent.

In 2018, $160 million of FDI in Jilin flowed into industries such as railway and ship transportation equipment manufacturing, and oil and gas exploitation, accounting for 58.26 percent of the total FDI in the province.

 

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