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Foreign Trade and Investment Data in 2011

Updated: 2012-02-13

A) Import and export trade

In 2011, imports and exports in Hubei totaled $ 33.52 billion, showing an increase of 29.1 percent. This is higher than the national average increase of 6.6 percent, ranking first in the Central. Among this, exports stood at $ 19.53 billion, an increase of 35.3 percent which is higher than the national average increase of 15 percentage points. Imports stood at $ 13.98 billion with an increase of 21.5 percent.

(B) Investment

The number of newly approved foreign direct investment projects reached 339, an increase of 10.8 percent, and the actual use of foreign capital totaled 4.66 billion U.S. dollars, an increase of 14.9 percent.

(C) Foreign investment and cooperation

Foreign contracted projects in the province completed a turnover of 4.07 billion U.S. dollars, up 27.1 percent. The number of new contracts stood at $ 6.31 billion, down 17.5 percent year on year. The total real income of the province's foreign labor cooperation service personnel reached 82.61 million U.S. dollars, an increase of 15 percent. The number of expatriate labor service personnel people reached 17,386. There were 59 newly approved foreign-invested enterprises settled in Hubei, as with 10 institutions. The total actual foreign investment stood at $760 million, down 3.8 percent year on year. Local businesses and Hubei actually invested $690 million, showing a four fold rise.

 
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