Now more important to use of foreign capital quality, structure and benefit

Bulletin 2013 - August 1 business running situation and answer questions in our country. Commerce ministry spokesman Shen Danyang said at the news conference, horizontal well,Carbon steel elbow 180 Degree a234 wpb this year's utilization of foreign capital in China at the August use pinch slowed mainly related to the base of the same period last year, changes in individual data is not enough to reflect the overall situation, and now the use of foreign capital value quality, structure and benefit more.

In August, according to data from 1-2013, the actual use of foreign capital amount is $79.77 billion,schedule 40 galvanized steel pipe up 6.37% from a year earlier. In July, the actual use of foreign capital amount is $9.408 billion, up 24.13% from a year earlier (not including the banking, securities and insurance domain data); In August, the actual use of foreign capital amount is $8.377 billion, compared with only 0.62% growth.

August the use capital value growth dropped sharply in the last month, caused the media attention. "This change on monthly base of absorbing foreign capital with the same period of last year",ASME Carbon Steel Welding Neck Flange Shen Danyang pointed out that the absorption of foreign capital amount in August in July last year, less is more, this year 7, 8 months is just the reverse.
According to the analysis, in July last year, the actual use of foreign capital amount is only $7.58 billion, and in July, due to large part of the investment of enterprises with foreign investment investment focus in place, the actual amount that is as high as $9.408 billion; In August last year, the actual amount is $8.336 billion, and in August the actual use of foreign capital amount is only $8.377 billion. Year-on-year growth rate as high as 24.13% in July as a result, data, and data in August rose less than 1%, showed a larger difference.

Shen Danyang stressed that this "individual month data is not enough to reflect the change of foreign overall trend of change." Affected by the world economic situation, he said, since last year the global transnational investment overall relatively weak, and since February this year, China for seven consecutive months monthly absorbing foreign investment to maintain positive growth, 1 - rose 6.37% in August,schedule 40 hot dipped galvanized steel tubing has proved the competitiveness of China's economy in the considerable recognition of China's investment environment and international investors.

For the future situation of using foreign capital, Shen Danyang is expected over the next few months keep relatively stable situation, "the actual scale of investment is expected to be higher than last year for the whole year, but growth is unlikely to be fast."

Shen Danyang noted about the use of foreign capital, is now more important is not how fast growth, but whether to raise the quality and level, structure optimization, the overall economic and social benefits of leading role is enhanced.