BEIJING, Feb. 14 (Xinhua)--Xinhua Silk Road, China’s state information service platform focusing on the Belt and Road Initiative under Xinhua News Agency launches Anhui’s business environment report on Wednesday.
The report, named Anhui’s Business Environment & Assessment Report (2017), shows that Anhui Province is actively participating in the “Belt and Road” construction and gradually optimizing its business environment, aiming to build itself into a new height of opening-up in China’s inland area.
The report also makes detailed analysis of the opportunities for foreign investment in the province’s innovation and high technology fields.
Thanks to the efforts in optimizing the investment environment in the development zones, putting in place fiscal incentive and tax preferential policies, and relaxing restrictions on the access of foreign capital, the inland province has further upgraded its use of foreign capital.
According to data released by the provincial department of commerce, the amount of FDI flowing into the province in 2017 reached 15.89 billion U.S. dollars, an increase of 7.6 percent year on year. Among them, FDI in the service industry had a big jump of 31.81 percent, reaching 5.77 U.S. billion dollars, which made a contribution of 9.4 percentage points to the province’s FDI growth. The use of foreign capital in the finance, warehousing and logistics, real estate, and social public services, in particular, witnessed a respective rise of 1.9 times,1.3 times, 48 percent and 21.5 percent.
The report is a part of a series of reports conducted by Xinhua Silk Road on the business environment of 31 provinces, municipalities and autonomous regions on Chinese mainland. Backed up by economic information database of Xinhua News Agency and information collection network throughout the country, the reports provide more than 50 indicators in 12 aspects and follow the changes in the areas of politics, economics, society and investment policies. The reports also provide investment advises and risk valuation, which are conducted by economic analysts, to overseas investors.
The reports will be updated and released annually, and they will serve the Belt and Road Initiative, follow the changes of business environment, provide information and opportunities to overseas investors and help all provinces and regions of China to introduce quality foreign investment.
In the future, Xinhua Silk Road will release more domestic and overseas business environment information and analysis reports, provide relevant database service. It will also regularly release Belt and Road Weekly, focusing on the latest development of the Belt and Road Initiative and showing the achievements and opportunities to the international community.
The Xinhua Silk Road was officially launched in July 2015. The platform currently provides products and services covering a Chinese-English bilingual database, a Chinese-English bilingual web portal, research, consulting and think-tank services. It also offers companies and institutions one-stop services in due diligence, trade matchmaking, branding, and credit investigation.
For the full report, please contact +86-10-63077787, silkroadweekly@xinhua.org. (Contributed by Tong Wei, Edited by Zhang Aifang)
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