paid-in foreign investment
Shandong Province saw its paid-in foreign investment grow by 30.2 percent year on year in the first 10 months of 2020. The actualized use of foreign investment in Shandong reached about 12.6 billion U.S. dollars from January to October.
Paid-in foreign investment for Shandong’s high-tech service industry rose by 95.1 percent to 1.56 billion U.S. dollars.
A total of 2,260 foreign-invested enterprises were newly established during the period, an increase of over 20 percent compared with the same period in 2019.