Utilization of foreign capital

In 2000, Yunnan approved 106 FDI contracts, with a total contracted investment of US$297.49 million. This was a fall of 10.45 per cent compared with 1999 (see Table 7.25.4).

Table 7.25.4: Utilization of foreign capital, Yunnan Province, 1995 and 2000

	Approved contracts			Actual utilization
Mode (US$ million) year's total value	Number previous	Total value (US$ million) year's total value	% change over previous year	Total value	% change over previous year
1995
Direct foreign investment:	269	374.59	31.52	235.02	15.77
Equity joint ventures	176	240.91		173.42
Contractual joint ventures	8	30.79		8.94
Solely foreign-owned enterprises	85	102.89		52.66
2000
Direct foreign investment:	106	297.49	-10.45	128.12	-16.72
Equity joint ventures	38	73.81		72.04
Contractual joint ventures	20	101.15		23.71
Solely foreign-owned enterprises	48	122.53		32.37

Among the 106 FDI projects approved in 2000, 71 were production-orientated and 35 non-production- related . Foreign direct investment came from 21 countries and regions . The top ten sources of FDI and their contracted investment amount are listed in Table 7.25.5.

Table 7.25.5: Key sources of FDI, Yunnan Province

Source	No. of projects	Contract value (US$ million)
Hong Kong	41	169.63
USA	16	98.05
Taiwan Province	18	6.92
Netherlands	1	5
Germany	1	4.07
Republic of Korea	2	3.7
Thailand	4	3.45
Australia	3	3.24
Singapore	5	2.78
Japan	5	2.4