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China’s Jilin province attracts more foreign capital

Updated: Feb 19,2019 10:11 AM     Xinhua

CHANGCHUN — China’s Jilin province attracted more foreign capital in 2018, with its actual use doubling year on year to $702 million, according to the Jilin provincial branch of the State Administration of Foreign Exchange (SAFE) on Feb 18.

According to the branch, the foreign direct investment (FDI) in Jilin province hit $275 million last year, marking a year-on-year growth of 18.92 percent.

In 2018, $160 million of FDI in Jilin flowed into industries such as railway and ship transportation equipment manufacturing, and oil and gas exploitation, accounting for 58.26 percent of the total FDI in the province.