| 1979-1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | % Change | Total 1979-1997 |
|
| Equity Joint Ventures No. of Contracts |
21,198 | 4,091 | 8,395 | 34,354 | 54,003 | 27,890 | 20,455 | 12,628 | 9,046 | -28% | 183,060 |
| Amt. Contracted (US$ mn) | 12,530 | 2,704 | 6,080 | 29,128 | 55,174 | 40,194 | 39,741 | 31,876 | 21,405 | -33% | 238,832 |
| Contractual Joint Ventures No. of Contracts |
7,994 | 1,317 | 1,778 | 5,711 | 10,445 | 6,634 | 4,787 | 2,849 | 2,371 | -17% | 43,886 |
| Amt. Contracted (US$ mn) | 13,558 | 1,254 | 2,138 | 13,255 | 25,500 | 20,301 | 17,825 | 14,297 | 12,165 | -15% | 120,293 |
| Wholly Foreign-Owned Enterprises No. of Contracts |
1,525 | 1,860 | 2,795 | 8,692 | 18,975 | 13,007 | 11,761 | 9,062 | 9,604 | 6% | 77,281 |
| Amt. Contracted (US$ mn) | 3,144 | 2,444 | 3,670 | 15,696 | 30,457 | 21,949 | 33,658 | 26,810 | 17,695 | -34% | 155,523 |
| Joint Resource Exploration No. of Contracts |
59 | 5 | 10 | 7 | 14 | 18 | 8 | 17 | n/a | n/a | 138 |
| Amt. Contracted (US$ mn) | 3,132 | 194 | 92 | 43 | 305 | 237 | 57 | 292 | n/a | n/a | 4,352 |
| Total Foreign Direct Investment No. of Contracts |
21,776 | 7,273 | 12,978 | 48,764 | 83,437 | 47,549 | 37,011 | 24,556 | 21,046 | -14% | 283,365 |
| Amt. Contracted (US$ mn) | 32,360 | 6,596 | 11,980 | 58,122 | 111,436 | 82,680 | 91,282 | 73,276 | 51,780 | -29% | 519,512 |
| Amt. Utilized (US$ mn)* | 18,468 | 3,410 | 4,366 | 11,008 | 27,515 | 33,767 | 37,521 | 41,726 | 45,280 | 9% | 223,061 |
| US Direct Investment No. of Contracts |
959 | 357 | 694 | 3,265 | 6,750 | 4,223 | 3,474 | 2,517 | 2,188 | -13% | 24,427 |
| Amt. Contracted (US$ mn) | 3,948 | 358 | 548 | 3,121 | 6,813 | 6,010 | 7,471 | 6,920 | 4,940 | -29% | 40,129 |
| Amt. Utilized (US$ mn)* | 1,729 | 456 | 323 | 511 | 2,063 | 2,491 | 3,083 | 3,440 | 3,240 | -6% | 17,336 |
| US Share of Contracted Investment |
12.2% | 5.4% | 4.6% | 5.4% | 6.1% | 7.3% | 8.2% | 9.4% | 9.5% | -- |
SOURCES: Ministry of Foreign Trade & Economic Cooperation (MOFTEC), Zhongguo Duiwai Jingji Maoyi Nianjian, 1995/96 and 1996/97; State Statistical Bureau (SSB) for 1997 data.
NOTE: * Includes utilized investment in material processing, compensation trade, and leasing arrangements. The total number of contracts and total amount contracted exclude these projects.
| Country/Region | 1979-1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | % Change |
| Hong Kong* | 20,879 | 3,833 | 7,215 | 40,044 | 73,939 | 46,971 | 40,996 | 28,002 | 18,220 | -35% |
| Japan | 2,855 | 457 | 812 | 2,173 | 2,960 | 4,440 | 7,592 | 5,131 | 3,400 | -34% |
| USA | 4,057 | 358 | 548 | 3,121 | 6,813 | 6,010 | 7,471 | 6,916 | 4,940 | -29% |
| Taiwan** | 1,100 | 1,000 | 3,430 | 5,543 | 9,965 | 5,395 | 5,849 | 5,141 | 2,810 | -45% |
| Others | 4,569 | 1,948 | 3,405 | 7,241 | 17,759 | 19,864 | 29,374 | 28,086 | 22,410 | -20% |
| Total Contracted Investment | 32,360 | 7,596 | 11,980 | 58,122 | 111,436 | 82,680 | 91,282 | 73,276 | 51,780 | -29% |
SOURCES: Ministry of Foreign Trade and Economic Cooperation (MOFTEC), Almanac of China's Foreign Economic Relations and Trade, issues 1991/2 - 1996/7, for 1990-95 data. State Statistical Bureau (SSB), using MOFTEC figures, for 1996 and 1997.
NOTE: *This includes investments made through Hong Kong subsidiaries of foreign firms. Hong Kong figures from 1979-1989
also include investments made through Macao, as for much of this time they were calculated together. Macao's contribution to
the figure is roughly 3% or less of the total.
**Prior to 1992, MOFTEC did not track Taiwan investment as foreign direct investment.
Taiwan investment data from 1987-1991 are estimates from US-China Business Council files.
| Province | No. of Projects | Amt. Contracted (US$ mn) | Amt. Utilized (US$ mn) |
| Anhui | 344 | 499.5 | 506.6 |
| Beijing | 868 | 1,790.3 | 1,552.9 |
| Fujian | 1,988 | 6,540.6 | 4,084.5 |
| Gansu | 122 | 85.5 | 90.0 |
| Guangdong | 4,611 | 15,574.6 | 11,623.6 |
| Guangxi | 326 | 763.4 | 656.2 |
| Guizhou | 86 | 108.2 | 31.4 |
| Hainan | 239 | 273.9 | 789.1 |
| Hebei | 837 | 2,075.2 | 825.9 |
| Heilongjiang | 531 | 697.9 | 548.4 |
| Henan | 477 | 1,211.7 | 523.6 |
| Hubei | 543 | 965.6 | 680.0 |
| Hunan | 437 | 468.9 | 703.4 |
| Inner Mongolia | 134 | 199.5 | 71.9 |
| Jiangsu | 2,691 | 10,682.6 | 5,210.1 |
| Jiangxi | 369 | 394.8 | 300.7 |
| Jilin | 426 | 673.3 | 451.6 |
| Liaoning | 1,760 | 4,245.0 | 1,737.7 |
| Ningxia | 28 | 40.6 | 5.6 |
| Shaanxi | 280 | 574.0 | 325.1 |
| Shandong | 2,175 | 5,418.0 | 2,590.4 |
| Shanxi | 115 | 1,211.7 | 138.0 |
| Shanghai | 2,086 | 10,069.1 | 3,940.9 |
| Sichuan | 470 | 687.2 | 425.4 |
| Qinghai | 18 | 17.0 | 1.0 |
| Tibet | n/a | ||
| Xinjiang | 64 | 101.0 | 63.9 |
| Yunnan | 153 | 201.7 | 65.4 |
| Zhejiang | 1,209 | 3,129.1 | 1,520.5 |
| Total | 23,387 | 68,700.0 | 39,463.7 |
SOURCE: China Economic News
Last Updated: 6-May-98