Investment Focus
Investment Focus
Basic Tariff
Sustainable Development Projects
China Lanzhou Investment & Trade Fair
Development History
International Cooperation
Co-op Achievements
Opening-Up & Development
Three Developments in History
Foreign-Invested Enterprises
Foreign-Related Service Organs
Preferential Policy
Message from Investment Hunters
Key projects in the Period of the 10th 5- Year Plan (2001-2005) in Economic and Social Development in Lanzhou City
Foreign-Invested Enterprises
By the end of 1999,there had been 1,245 foreign-funded enterprises set up in the city.The foreign capital obtained from contracts totaled $879 million USD.The actual amount of foreign capital utilized summed up to $506 million USD,including those $269 million USD which were directly put in by foreign investors.The productive enterprises stood over 30% of the total enterprises,37 countries and regions in the world had made their investment in Lanzhou,in which 92%of direct investment come
from Hongkong,Taiwan, USA,Japan,Thailand,Macao and Australia.Enterprises funded by foreign investors in succession were the Huanghe Aluminium Co. Ltd.,Huanghe Beer Co.Ltd.,and Lanzhou Oil refinery Zhonglu Petro-Chemical Co.Ltd.
PRIVATE ENTERPRISES
The development of private enterprises in Lanzhou sounds good in the first half of this year.By June,there had been 6,584 private enterprises in Lanzhou,and 24%increase than that of last year.
In order to seize the historical opportunity to develop China West and speed up the development of private economy,and promote industry reconstructuring of enterprises so that the private enterprises could upgrade themselves.By so far,the figure of the private employees have reached to 73,161,and the registered fund has reached 3,325 million Yuan,and the output value of the year has reached 483 million Yuan,the gross output value of industry and agriculture has taken up 194.8 million Yuan.Compared with that of end of last year,23% increase of the workers,32% increase of registed fund,19% increase of the output value of the year and 11% increase of the gross output value of industy and agriculture.
THE FOREIGN-FUNDED ENTERPRISES
Lanzhou is speeding up the steps of opening up to both home and abroad.The city has newly approved 30 foreign-funded enterprises in the first half of this year, the utilized contract foreign fund has reached US$89,950,000, in which actural utilizing foreign fund has taken up US$50,500,000, that is 50.5% of the annual plan.
The 103 inland contracts and agreements have newly been signed,the total investment sumes up 231.700 yuan RMB,and attracting funds takes up162.9 million Yuan RMB,in which 550 million Yuan has already been put in,that takes up 51.4% of the annual plan. The 37 foreign-fund contracts and agreements have been signed,the total investment is 695 million Yuan,the attracted funds takes up 509 million.Since the early of this year,many governmental and non-governmental organizations of the county have paid the inspection tours in Lanzhou. Meanwhile,some delegations from Lanzhou have been sent to other cities of the country for economy and trade talks ,cooperations and exchanges.All of that help the city highly extend its famous reputation ,and Lanzhou shows its bright future of cooperation.
 
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