Investigation report on the utilization of foreign capital in the city

Investigation report on the utilization of foreign capital in China

In order to implement the educational activities to maintain the advanced nature of party member,, and promote? East development? The implementation of the strategy, the Municipal Bureau of Commerce around? Change the style of work for practical results and strive for first-class service for enterprises? Theme, carried out a comprehensive and in-depth investigation on the utilization of foreign capital in the city. The main purpose is to grasp the development trend of foreign capital utilization in counties and districts, deeply understand the development situation of foreign-funded enterprises in the city, coordinate and solve related problems in project construction, and accelerate the promotion of key foreign capital utilization projects. The following is a sample essay on the investigation report on the utilization of foreign capital in the city, which I collected and sorted out for you. Welcome to read it!

By listening to the introduction of the commercial departments of counties and districts on the utilization of foreign capital, visiting key foreign-funded enterprises, and exchanging views with the county (district) government and relevant departments directly under the municipal government, we not only have a profound understanding of the construction of some key projects, but also form a * * * knowledge on relevant issues, thus speeding up the solution of problems. The investigation is now reported as follows. I. development status

since the establishment of the zone in 1988, the city has approved a total of 158 foreign-invested enterprises, with the agreed foreign capital reaching US$ 175.58 million and the actually paid-in amount reaching US$ 94.39 million. In addition to the disqualified enterprises and enterprises whose operations have expired, there are currently 71 foreign-invested enterprises in our city, including 28 in XX District, 12 in XX County, 13 in Development Zone, 11 in XX County, 2 in XX County and 5 directly under the municipal government. Judging from the development of foreign direct investment, the initial stage of utilizing foreign capital in our city was in 1991? In 1995, this period was a period of extensive expansion of foreign capital utilization in our city, and * * * approved 37 enterprises, with a total agreed foreign capital of 15.3 million US dollars. With Hong Kong and Taiwan capital as the main investment, the enterprises are small in scale and weak in competitiveness, and all the enterprises established during this period have expired or stopped production. 1996? In 1999, influenced by the national macro-policies, Hong Kong and Taiwan's capital inflow into the mainland decreased greatly, and the utilization of foreign capital in our city was at a low ebb, with 11 enterprises approved and 7.49 million US dollars of foreign capital agreed. During this period, most enterprises were mainly small-scale resource processing industries, and the enterprises established during this period have basically stopped production or transferred. From 2** to now, it has been an intensive development period of foreign direct investment in our city. A total of 11 foreign-invested enterprises have been approved, with an agreed foreign capital of 12.73 million US dollars. The investment pattern has been greatly optimized. Twenty-three countries and regions, including Hong Kong, Taiwan, the European Union, America and Southeast Asia, have invested in our city, among which overseas Chinese capital has increased substantially. The industrial structure is further reasonable, and the investment scale of processing and manufacturing industry is expanding, which accelerates the industrialization process of our city; Real estate and infrastructure construction are developing at a high speed, and the city is changing with each passing day; The technology of resource development is increasingly high-tech, the processing is increasingly refined and deepened, and the added value of products is greatly improved. The enterprises established in this period have large investment scale and strong competitiveness, which are the main components of the existing foreign-invested enterprises in our city. Looking at the development of foreign capital utilization in recent years, there are the following characteristics:

1. The level of openness has improved, and the utilization of foreign capital has increased rapidly.

through the year of attracting investment, the importance attached to the utilization of foreign capital has been continuously improved, and the utilization of foreign capital has grown strongly year after year. The actual utilization of foreign capital in 2** years was 5.5 million US dollars; The actual utilization of foreign capital in 2** years was 1.73 million US dollars; In 2** years, the actual utilization of foreign capital was 2.5 million US dollars; In 2** years, the actual utilization of foreign capital was 3.53 million US dollars, which quadrupled in three years, and the growth level was significantly higher than the national average. In 2** years, the growth rate of our city ranked first in the province, and the progress of completing the task ranked second in the province, which was commended and rewarded by the provincial government for using foreign capital. The strong growth in the utilization of foreign capital has strongly promoted the economic development of our city, and the level of opening up has been continuously improved.

2. The advantages of resources are prominent, and the quality of foreign investment is strongly improved.

The abundant and high-quality nonmetallic mineral resources in our city have shown strong attraction in the field of utilizing foreign capital. In recent years, by always implementing the principle of allocating resources according to projects and allocating superior resources to other projects, a number of internationally renowned enterprises such as Belgian lwb, France imerys, South Korea Omiya and Hong Kong Weique have invested in our city, and three of the top four global nonmetallic mineral developers and users have settled in Chizhou. The utilization of nonmetallic minerals has gradually changed from extensive mining to intensive processing, and the mining and processing capacity of nonmetallic minerals has been greatly improved, and the investment scale and technical content have been significantly improved. The first phase of Inge Porcelain has completed an investment of 12 million US dollars, and the second phase is progressing steadily. The mining projects of Omiya superfine powder and lwb mine are being actively promoted. In 2** years, the city's nonmetallic mining industry utilized foreign capital of 12.4 million US dollars, accounting for 41% of the city's total foreign capital utilization. Intensive use of superior resources has promoted the rapid improvement of foreign capital utilization in our city, accelerated the formation of local pillar industries and increased the contribution rate of resources to economic development.

3. The investment environment has improved and the vitality of foreign capital has increased.

with the improvement of the traffic environment in our city, party committees and governments at all levels have accelerated the creation and promotion of location advantages, improved the construction of infrastructure and industrial parks around the formation of high-speed and railway transportation networks, improved the service system for project construction, standardized administrative behaviors, improved work efficiency and optimized the investment environment. In recent years, the performance rate of foreign-funded contracted projects has generally improved, and the vitality of foreign-funded enterprises has been enhanced. Since 2 years ago, there have been 61 new foreign-funded enterprises in our city and 5 existing ones, with a survival rate of 82%. The contracted utilization of foreign capital is 88.16 million US dollars, and the average investment of a single project is 1.45 million US dollars, which is much higher than before. Some enterprises have achieved operating profits and increased their capital and shares, and their scale has been continuously expanded, and their vitality has been further enhanced. Second, the current progress of some key projects

From January to August this year, the actual utilization of foreign capital in the city was 19.62 million US dollars, an increase of 8.3% over the same period of last year, accounting for only 37% of the annual tasks. This is inconsistent with the strong development of foreign capital utilization in recent years, mainly because some key projects were blocked, and the number of newly signed projects was small and the scale was small.

1. Lu Siwei refractory production project.

this project is wholly owned by lwb company in Belgium, and dolomite is sintered into a new high-temperature resistant material by using new technology. Lu Siwei Mining Resources Co., Ltd. and Lu Siwei Refractory Co., Ltd. were established in May, 2**, with a total investment of 58 million US dollars and a registered capital of 26 million US dollars. By the end of August, the accumulated actual investment was 9.5 million US dollars. At present, the mining right of the mine and the right to use the factory land in the economic and technological development zone have been approved, and the land for mining operation has been approved on August 18th. The civil engineering of the factory in the development zone has started, and the civil engineering of the mine will also start during the year. It is estimated that the new investment will be 1 million US dollars in 2 years.

2. weixiang nano-calcium carbonate project.

weixiang nano-calcium carbonate project is invested by hong kong weique group, with a total investment of 62 million yuan. the content of the project is to build a processing base with an annual output of 5, tons of ultra-fine activated heavy calcium carbonate (including nano-scale) and 1, tons of plastic masterbatch in three phases. The scale of the first phase is 5,-1, tons of calcium bicarbonate powder per year, with an investment of 5 million RMB, and the construction period does not exceed 24 months. The investment agreement was signed in May, 2**, and the company was registered in July, 2**. In 2**, under the strong coordination of XX County, the mine resources that provided raw materials for the project were successfully solved, and the conditions for the project to enter the implementation were basically ready. Due to the conflict between the location of the enterprise and the military restricted zone, the project has not been started. This year, XX County replaced the land for the enterprise, but the enterprise was not satisfied with the replaced land, and the new plot needed to be re-planned. A project that should have been started as early as two years ago has not been effective so far, which should attract the attention of all levels and departments.

3. Omiya heavy calcium carbonate production project.

the project is wholly invested by Korea Omiya Company, with an annual output of 26, tons of heavy calcium carbonate, with a total investment of 9 million US dollars and a first-phase investment of 4.5 million US dollars. Omiya is the largest supplier of calcium carbonate in the world. Since 1997, it has imported calcite from our city. Since 2** years, XX County has been seeking to introduce Omiya Company to produce calcite minerals with high added value. In March of 2** years, an investment agreement was signed, and 1 mu of factory land was settled at the beginning of this year. By the end of March this year, the project officially started. However, according to the investigation, there is still resistance to the project. The main reason is that the mine resources of this project are still unresolved. The mine resources currently allocated to Omiya are a mine to be recovered from eight individual and private owners. The contradiction is more prominent, the coordination period may be longer, and the project start-up still needs to be promoted.

4. Pingtian Lake Tourism Comprehensive Development Project.

This project is invested and constructed by Mou Guoliang, an overseas Chinese from Hungary. In March of 2**, Pingtianhu Tourism Development Company was established, and the planning scheme was reported in May this year. After review, the enterprise is making scheme adjustment, which needs to be reported to the Planning Committee for review. At the same time, due to the uncertain planning, land area, price and other issues are uncertain, and it is still unknown whether there will be a large capital investment during the year.

5. Xinghua Village Reconstruction Project.

The project was invested and constructed by Zhan Xiaorong, an overseas Chinese from Hungary, and started in 2**. On June 1th, 2**, the second phase of the project, Xinghua Village Cultural Park, was officially started, with a total investment of 4 million US dollars and a construction period of 4 years. This project has been included? Anhui 861 Action Plan? , XX city? Ten key projects? . At present, the overall planning scheme, demolition, land transfer and other procedures have been handled, and the government is coordinating the preliminary contract of Ou Hua Company. At present, it is difficult to determine the construction progress during the year.

6. East to Lianjia investment project.

in July, 2**, Hong Kong Lianjia Company signed three investment agreements with XX County, and in November, 2 * *, three foreign-funded enterprises were established, namely Fumin Logistics, Fukang Mining and Fuqiang Fine Chemical. The project contents include calcite mining and deep processing, and the construction and operation of Dongliu Town Freight Terminal, with a total investment of 1.2 million US dollars. Since the establishment of this project, there has been no substantial progress. The main reason is that according to the contract, three projects need to be started at the same time, while foreign investors require to apply for a mining license first. In order to prevent resources from being circled and the project is stranded, XX County has not agreed to apply for a mining license. At present, it is impossible to predict the progress of this project, and foreign investors have no positive performance.

7. Qingyang Wuzhou Hotel Construction Project.

This project is invested by Qiu Haihua, a French overseas Chinese. This project is to acquire the unfinished Qingyang Foreign Trade Building and invest 5 million US dollars to transform it into a hotel with more than 3 stars. Due to the small size of the original site, foreign capital plans to increase investment and expand the second phase of the project. At present, the land requisition and relocation work in the second phase is underway, and it is not yet possible to predict the progress during the year. In addition, because the original Qingyang Foreign Trade Building was an unfinished project, it took a long time, and there were some difficulties in the continuation and transformation, which also increased the uncertainty of the project.

8. Comprehensive sulfur dioxide treatment project loaned by Nonferrous ADB.

ADB loan project, the loan amount is 11 million US dollars, the loan period is 14 years, and the interest rate is 2.2%. This project was approved at the beginning of 2** and started to be implemented this year. At present, it has reached 69, US dollars, and it is expected to reach 3 million US dollars this year. Third, the main problems in the utilization of foreign capital

1. The investment scale is small and the industrial level is low.

There are 71 foreign-funded enterprises in the city, only 2 projects with registered capital exceeding US$ 1 million, 5 projects with registered capital exceeding US$ 5 million, and more than 6% of the projects attract less than US$ 1 million. From the perspective of industrial distribution, foreign capital is mainly concentrated in real estate and mineral mining and processing, and rough machining is the main way, with short industrial chain and weak driving force. Therefore, most foreign companies have no core competitiveness, low technical level and weak anti-risk ability.

2. It is difficult to spread in the field of attracting foreign investment.

in recent years, although the structure of foreign investment in our city has been greatly improved, and the processing and manufacturing industries have gradually occupied a dominant position, 7% of the funds of the processing and manufacturing industries are distributed in the non-metallic mineral mining and processing industries, while the funds of other manufacturing industries are less and scattered. Although the utilization of foreign capital in the tertiary industry has developed in recent years, it is always difficult to make a substantive breakthrough in attracting foreign investment in tourism, which is mainly manifested in many investment projects, many signing intentions and less actual investment. In addition, the utilization of foreign capital in agriculture is still in the doldrums, and the actual figures only account for 3% of the total.

3. The elements of attracting investment need to be further improved.

the elements of attracting investment mainly include good outreach channels, perfect infrastructure, high-quality investment projects, superior policy environment, necessary human resources, land and other resources reserves, and supporting cooperative production capacity. The comprehensive strength of each element directly affects the effectiveness of attracting investment, and the utilization of foreign capital has higher requirements for each element. In recent years, the city has greatly improved its outreach channels by vigorously attracting investment, but the docking with well-known large overseas companies and multinational companies is still not enough; The traffic conditions are constantly improving, but highways and railways are still under construction; Although the infrastructure investment in each park is increasing, the gap is still large compared with the developed cities along the Yangtze River, such as the electricity price is .2 yuan/kwh higher than that in Zhejiang; There are fewer investment projects and fewer high-quality investment projects; The investment policy is unclear, the implementation of policies in counties and districts is weak, and the policy advantages are not obvious; Affected by the national land rectification, there is not much land in our city; There is a serious shortage of human resources reserves. Since the end of last year, multi-family enterprises have had the problem of difficulty in recruiting workers, and workers are afraid of being tired and working overtime, which makes owners lack confidence in additional investment. Due to the weak industrial base, the industrial supporting cooperative production capacity is relatively weak, which increases the production and operation costs of enterprises and affects the investment attraction of industrial projects. Iv. some thoughts and suggestions

1. actively utilizing foreign capital is an effective means for Chizhou to achieve leap-forward development

since the reform and opening up, China's accumulated utilization of foreign capital has exceeded $6 billion, and overseas capital has not only provided financial support for China's rapid social and economic development, but more importantly, it has effectively promoted China's industrial restructuring and technological upgrading, and accelerated the process of China's economic globalization. In recent years, 1% of China's investment in fixed assets is realized by using foreign capital, and the total import and export of foreign-funded enterprises accounts for more than 5 % of the total import and export, and tax payment accounts for more than 2% of the total tax revenue. Foreign capital has become an indispensable force in China's economic construction. Although great progress has been made in the utilization of foreign capital in our city in recent years, some industries are increasingly active in utilizing foreign capital, and the pulling effect of foreign capital on regional economy has begun to appear, on the whole, it is still at the level of small total foreign capital, single investment field and low technical content. As a late-developing area, expanding investment has always been the main driving force to promote economic development. Therefore, under the general environment of strengthening macroeconomic regulation and implementing a prudent fiscal policy, we will increase the use of foreign capital to implement leapfrog development in our city.