Huai'an China News and Events
47 New Foreign-Funded Projects Approved in the First Half of 2020 in Huai'an
time:2020-08-07

In the first half of 2020, the total volume of import and export in Huai'an reached 1.99 billion US dollars, a year-on-year decrease of 11.2%. Specifically, the volume of export was 1.49 billion US dollars, down 7.4%, and the volume of import was 500 million US dollars, down 20.9%. The export of high-tech products and medical supplies and equipment for Covid-19 was on the increase. The export of high-tech products reached 220 million US dollars in the first half of this year, up 54.0% year on year.

In the first half of the year, 47 new foreign-funded projects were approved, with an agreed foreign capital of 1.27 billion US dollars, including 16 new projects, each with a minimal investment of 30 million US dollars and three projects, each with a minimal investment of 100 million US dollars. The foreign capital received was 480 million US dollars, a decrease of 9.3%, a decrease of 25.9 percentage points compared with the first quarter. There were 15 Taiwan-funded projects, including new projects and projects with increased investment. Among them, the minimal investment of five Taiwan-funded projects was 30 million US dollars. The Taiwan capital received is 92.299 million US dollars.