Foreign Economy and Trade

    901 contracts as to utilization of foreign investment project are newly reached and the foreign investment reaches USD 6.167 billion. Actually utilization of foreign capital is USD 2.123 billion, an increase of 106% over the previous year on comparable basis. There are 35 projects with over USD 10 million each.

    Gross import and export is USD 4.59 billion, an increase of 7.5% over the previous year on comparable basis. Of which, gross import is USD 2.219 billion, a decrease of 8.3%; gross export is USD 2.371 billion, an increase of 29.7%. In terms of export products, mechanical equipment export has realized USD 1.397 billion, an increase of 37.3% on comparable basis and accounting for 56.3% of the gross export and an increase of 3.2% over the previous year. The new and high-tech products export has realized USD 609 million, an increase of 24.7% on comparable basis, accounting for 20.9%, and decreasing by 0.8 % over previous year. Supply volume of export commodity has accomplished RMB 16.43 billion yuan, an increase of 19.6% on comparable basis. The products are exported to over 148 countries and regions.

    Sound development of foreign economic & technological cooperation. The amount of newly signed foreign contract engineering and labor contract totals USD 103.81 million, an increase of 180%; the business turnover has realized USD 88.59 million, an increase of 12.3%; labors sent to foreign countries are 14,300 person-times, an increase of 11.8%.

    Shenyang has concluded the relationship of sister city with 12 cities in 11 countries. The leaders of Shenyang City have met foreign guests of 9750 person-times from over 70 countries and regions in 924 batches.

    Shenyang has successfully held Korean Week 2005, and received Korean guests of 15,600 person-times, and has developed 57 activities for exhibition exchange, friendly exchange and cooperative exchange. 241 contracts are entered into on trade and economic activities, 3% higher than that in last activity; total contract investment is USD 2.906 billion, 21.6% higher than last time, including USD 2.556 billion foreign investment, 35.2% higher than last time. Shenyang successfully held The Fourth CIEME with 3062 exhibition stands and had over 6800 exhibitors, purchasers and guests from home and abroad, as well as visitors of 170,000 person-times. Domestic turnover has realized RMB 3.98 billion yuan, 12.1% higher than the previous year; import and export volume has reached USD630 billion, 11% higher than the previous year.

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