In 2006 the continued implementation of the
national macro-control policies against the
backdrop of the province's foreign economic
realization of the "Eleventh Five-Year" a good
start. Of Foreign Trade and structural
adjustment made the biggest strides in the use
of foreign capital continue to grow, to
accelerate the development of international
tourism, foreign economic and technical
First, the use of foreign capital presents
highlights of the four
In 2006, the province actually used 2.38 billion
U.S. dollars of foreign capital, up 4.6%. Among
them, foreign direct investment 2.01 billion
U.S. dollars, an increase of 5.3%; foreign
borrowing 110 million U.S. dollars, down 38.7%;
foreign other investment 260 million U.S.
dollars, an increase of 37.6%.
- Food and other support for the four leading
industries of foreign investment growth. The
year of industrial foreign-invested 1.81 billion
U.S. dollars, an increase of 14.5%, accounting
for foreign direct investment in the province's
90.0%, 7.2 percentage points over the previous
year, food, steel, petrochemical and
manufacturing equipment, the four leading
industries for industrial growth in foreign
investment point. Among them, the food industry
are in place 270 million U.S. dollars of foreign
capital, an increase of 1.1 times; iron and
steel in place 530 million U.S. dollars of
foreign capital, an increase of 45.0%;
petrochemical in place 140 million U.S. dollars
of foreign capital, an increase of 31.3%;
equipment manufacturing in place 360 million
U.S. dollars of foreign capital, an increase of
21.8%. Four industries taken together, are in
place 1.3 billion U.S. dollars of foreign
capital, accounting for foreign direct
investment in the province's 64.6%.
- Hong Kong to become the greatest contribution
of foreign investment in the area. As a major
source of foreign investment in our province,
the whole area of foreign investment from Hong
Kong, 8.6 billion, up 38.9%, accounting for the
province's share of foreign direct investment
reached 42.9%, 10.4 percentage points over the
previous year, becoming the first the last three
years times more than 40% of the year, a
significant upward trend in investment.
- Mergers and acquisitions to become one of the
main ways for foreign investment. As of the end
of 2006, the province has approved the
acquisition of over 79 enterprises, including
enterprises were newly approved 16 mergers and
acquisitions, contractual foreign capital amount
of 270 million U.S. dollars, accounting for
newly approved contractual foreign investment of
17.8%. In 2006, the acquisition of businesses in
place 400 million U.S. dollars of foreign
capital, accounting for foreign direct
investment in the province's 19.8%, of which 240
million U.S. dollars acquisition of state-owned
assets, accounting for mergers and acquisitions
in place 60.1% of the amount of foreign capital.
- Other foreign investment increased rapidly.
The year 260 million U.S. dollars of foreign
other investment, an increase of 37.6%,
accounting for the province actually utilizing
foreign capital of 10.9% over the previous year
increased 2.6 percentage points.
Second, foreign trade to build the three support
In 2006, the province's total import and export
of the completion of 18.53 billion U.S. dollars,
an increase of 15.3%. Among them, the export
value of 12.83 billion U.S. dollars, an increase
of 17.5%, the growth rate accelerated by 0.5
percentage points over the previous year;
imports worth 5.69 billion U.S. dollars, an
increase of 10.6%, down 12.3 percentage points,
has dropped for three consecutive years the
reduction was 10 percentage points in the above.
- Export structure optimization to speed up. The
accelerated growth of industrial products, the
proportion increased. Last year's total exports
of 10.91 billion U.S. dollars, an increase of
21.4%, growth rate 1.3 percentage points higher
than the previous year, accounting for the
proportion of the province's total export value
up 85.0%, 2.7 percentage points over the
previous year. Among them, mechanical and
electrical products exported 3.38 billion U.S.
dollars, an increase of 51.5%; steel, steel
billets and crude forgings exported 2.12 billion
U.S. dollars, an increase of 1.2 times;
high-tech products export of 490 million U.S.
dollars, an increase of 1.1 times. Three
categories of merchandise exports together
accounted for 46.6% of the province. Exports of
primary products by increasing turn down,
completed an annual export value of 1.93 billion
U.S. dollars, from 4.4% last year to drop 0.7%.
- The main export and market diversification
strategy with remarkable results. Rapid growth
of exports of foreign and private enterprises,
the scale continues to expand. Exports were 4.5
billion U.S. dollars and 37.6 billion U.S.
dollars, rose by 30.5% over the previous year
and 19.7%, faster than the provincial average
level of 13 and 2.2 percentage points; share
were 35.1% and 29.3%, respectively 3.5 and 0.5
percentage points. Diversification of export
markets to achieve positive progress. The
province of more than 100 million U.S. dollars
export market reached 27, covering the
traditional United States, South Korea, Japan,
Russia and the European Union, ASEAN and other
countries and regional markets. Compared with
the previous year, an increase of Ukraine,
Singapore, Israel and Iran, four countries.
Exports in a 10 million to 100 million U.S.
dollars between the market, also increased
5-year, reaching 56 countries and regions. For
African exports reached 590 million U.S.
dollars, an increase of 42.3%.
- Processing trade and the rapid development of
foreign contracted projects and continuously
promote the diversification of export.
Processing trade and export of foreign
contracted projects are 17.5 and 2.1 billion
U.S. dollars, up 20.3% and 95.8%, faster than
the general trade growth rate of 16.3%. The
proportion also increased, accounting for the
proportion of the province's total exports were
13.8% and 1.6%, year on year increased by 0.6
and 0.7 percentage points. The proportion of
general trade exports reached 84.7%, 0.9
percentage points lower than the previous year.
Third, to accelerate the development of
In 2006, the province received 725,000 visits of
tourists, earning 240 million U.S. dollars,
respectively, 15.7% and 16.2% over the previous
year increased by 2.8 and 5.8 percentage points.
- Steady development of traditional markets,
Zhangjiakou, Cangzhou and Hengshui strong growth
in other markets. Chengde and Qinhuangdao
inbound tourists to our province has been the
preferred destination, the top two,
respectively, 21.6 and 19.9 receive inbound
tourists million, respectively, up by 15.9% and
11.3%, the two cities together accounted for
57.2% of the province's inbound tourists ;
foreign exchange volume were 0.5 and 1.0
billion, up 21.1% and 11.8%. Zhangjiakou,
Cangzhou and Hengshui strong growth in inbound
tourists received, respectively 2.2,0.5 and 0.4
million respectively, up by 48.1%, 46.0% and
30.9%; the amount of foreign exchange were
388.1,175.0 and 92.5 million U.S. dollars, rose
68.0%, 66.2% and 32.3%. The growth rate far
exceeds that of the province's average.
- Asian and European visitors, mainly in Africa
and the Americas grew rapidly. Tourists from
Asia and Europe, respectively, 31.6 and 21.6
million passengers, accounting for the province
of inbound tourists to 76.2% growth rate were
5.6% and 17.6%. Visitors from Africa and the
Americas were 0.9 and 6.4 million, growth rate
of respectively 1.1 times and 36.7%.
4, vigorous development of foreign economic and
In 2006, the province signed a total of 168
foreign economic and technological contracts, an
increase of 16 over the previous year; contracts
totaling 1.76 billion U.S. dollars, an increase
of 59.1%; complete turnover of 830 million U.S.
dollars, an increase of 44.4%. Foreign economic
and technical cooperation, following last year
doubled, to continue to maintain a rapid growth