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Foreign investment accounts for 8.7% of paid-in capital
www.chinaview.cn 2005-12-06 17:30:30

    BEIJING, Dec. 6 (Xinhuanet) -- Foreign investment in China reached 1.6 trillion yuan at the end of 2004, or 8.7 percent of the country's total enterprise paid-in capital, according to the first national economic census.

    Capital from Hong Kong, Macao and Taiwan accounts for 7.3 percent in the total paid-in investment or 1.3 trillion yuan, said the census bulletin released by the National Bureau of Statistics (NBS) here Tuesday.

    Statistics show that at the end of 2004, the paid-in capital of 3.25 million corporate people in the second and third industries reached 18.2 trillion yuan.

    In the paid-in capital, the government investment was 8.7 trillion yuan, accounting for 48.1 percent of the total; the collective investment 1.4 trillion yuan, accounting for 7.9 percent; personal investment 5.1 trillion yuan, accounting for 28 percent.

    Paid-in capital refers to the investment paid in by the investors in the forms of currency, material investment or intangible assets. Paid-in capital can be divided into government capital, collective capital, individual capital, capital from HongKong, Macao and Taiwan and foreign capital.

    The first-ever national economic census, which formally began on Dec. 31, 2004, was designed to draw an economic panorama of thecountry's fast-expanding secondary and tertiary industries and complete a database covering all economic sectors.(1 US dollar=8.08 yuan) Enditem

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