SIP’s actual use of foreign investment reached a record high of US$ 1.97 billion in 2020, according to the latest statistics. A large number of investors including Danaher, KPMG, Adidas and ZEISS made or added investment in the area last year.
According to the statistics, despite the negative impact of the global COVID-19 outbreak and complicated economic situation, SIP saw 295 new foreign-invested projects and 142 capital increase projects over the past year, with a registered foreign capital of US$ 3.52 billion, up 81.4% year-on-year.
This year, SIP authorities are continuing their efforts to improve local business environment and services with the hope of attracting more projects fit for the local industrial development strategies.
