From January to may, Linyi city actually utilized 490million US dollars, an increase of 279.5 percen

Since this year, our city has insisted on taking the construction of double recruitment and double introduction, foreign trade and key projects as the important grasp, and actively "going out" and "introducing" actively with the advantages of business, industry chain, and actively "introducing", and achieved new results in various work. From January to may, 514 projects were introduced and constructed in the city, with a total of 4.28 billion yuan of foreign capital in place, an increase of 14.6%; The actual utilization of foreign capital was USD 490million, an increase of 279.5%, and a number of well-known enterprises such as Gree and BAIC started construction successively.

        This year, the city's business system will improve the quality of foreign investment as one of the key business tasks in 2021. On the one hand, we should focus on extending the industrial chain and enhancing the value chain, supporting foreign investment in manufacturing and modern service industries, giving priority to recommending real industrial projects as provincial key projects of foreign investment, actively promoting investment and acquisition of transnational corporations, and encouraging foreign-funded companies to establish headquarters and regional headquarters, It is recommended that qualified enterprises and county districts identify "regional headquarters of Shandong Province multinational companies" and "headquarters bases of Shandong Province transnational corporations". On the other hand, we should optimize the business environment and support foreign-funded enterprises to grow bigger and stronger. We will improve the working mechanism for talking, signing and landing major foreign-funded projects, actively strive for and help major foreign-funded projects implement the provincial incentive policies for major foreign-funded projects. We will implement the policies and measures of the state, the provinces and cities on coping with the epidemic and stabilizing foreign investment, implement the system of "Service Ambassador" of foreign-invested enterprises, and open up green channels for foreign-funded projects.

Source: Yimeng Evening News