Development of Non-Public Sectors of the Economy

Date:2013-10-16
<P><BR>In 2012, the non-public sectors of the economy in Nanning kept developing. In the total investment in fixed assets, the growth rate of the investment from these sectors were 80.70%, 10.86% higher than that of state-owned economy. The foreign direct investment (according to the overall amount in Guangxi) had an increase of 17.24%. Because of the influence of international economic situation, there were 37 newly-signed contracts of foreign investment, a decrease of 35%, and the utilized foreign direct investment was US$239 million, a decrease of 37.70%. In all, there were 841 “three kinds of foreign-invested enterprises” (namely, Sino-foreign joint ventures, Sino-foreign cooperative ventures and exclusively foreign-owned enterprises established in China), an increase of 4.6% (including 530 which were constructed and put into operation, a growth of 3.92%). Efforts were made to further improve the mechanism to promote the development of non-public sectors of the economy and the Implementation Plan of Further Promoting the Development of Private Economy was made. Seventy-one projects were listed in the second batch of the privately invested projects encouraged and guided by provincial government, with the total investment of RMB29.893 billion. At the promoting conference and signing ceremony of the projects with private capital in Guangxi in 2012, 9 projects were successfully signed. <BR> <BR></P>
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