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SICHUAN PROFILE

Opening-up

Currently, China is actively advancing the “One Belt One Road” construction, a new round of Western Development, the Yangtze River Economic Belt, the Chengdu-Chongqing Dual City Economic Circle, New Western Land-Sea Corridor. Sichuan is located at the position of these policy advantages. It is vigorously implementing the strategy of comprehensive opening up and cooperation to build a new momentum for multi-dimensional and comprehensive opening-up, featuring "Four-directional Expansion, All-front Opening-up".

 

In 2020, the total import and export value of Sichuan reaches 808 billion yuan (125 billion USD) with a year-on-year increase of 19%, ranking 8th and 2nd respectively in China. Among them, export  465.43 billion yuan, an increase of 19.2%; imports were 342.76 billion yuan, an increase of 18.8%. A total of 352 companies have settled in the world's top 500 companies in Sichuan, of which 247 are overseas. There are 19 foreign consulates in Sichuan.

 

In 2019, the actual use of foreign capital in the whole year was US$12.48 billion, an increase of 13.1% over the previous year. 676 foreign direct investment enterprises were newly approved (recorded), and 12,984 were approved (recorded) in total. Foreign investment actually put in place 9.23 billion US dollars, an increase of 2.3%.

In the whole year, the value of newly signed foreign contracted projects was US$18.51 billion, an increase of 80.0% over the previous year; the completed turnover was US$6.37 billion, an increase of 4.0%. There were 90 new overseas investment enterprises, and a total of 1,155 overseas investment enterprises.


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