The actual use of foreign capital in Central China's Hubei Province came to 6.744?billion U.S. dollars with a contractual foreign capital?of 11.93967 billion?U.S. dollars?in the first three quarters?of 2020, an increase of 21.4?percent year?on?year. The actual use of foreign capital picked up positive growth in the three months, attracting a total of 4.79 billion U.S. dollars, up 80.5 percent, statistics from a provincial business meeting showed.

The top three sources of foreign investment in Hubeithis year are Hong Kong, Singapore, and Japan. From an industry perspective, four industries, including construction, wholesale and retail, software and information technology services, leasing and commercial services, have achieved positive year-on-year growth in the use of foreign capital.

In terms of cities in Hubei, Wuhan, Xiangyang, Xiaogan and Huangshi actually used foreign capital in excess of 100 millionU.S. dollars. Since lifted lockdown on April 8, Wuhan witnessed a sharp rise in the amount of foreign capital actually used. Only in April, the amount stood at63.9 million U.S.dollars, which was 220.3 times that of March.

In addition, the HubeiFTZplayeda leading role in attracting foreign investment.It helped38 foreign-funded enterprises establishin the zoneand realized actual use of foreign capital 740 millionU.S.dollars, a year-on-year increase of 62.0percent.

To cope with the impact of COVID-19 outbreak, Hubei provincial government hasissued an array of policies to support the resumption of workand has conduct online and offline events to boost the confidence of enterprises to invest in the province.?(en.hubei.gov.cn?by?Ruan?Xinqi)