CR POWER had invested more than 39.5 billion RMB yuan in Central China's Henan province by the end of last year. Besides, construction will be started on a number of new projects this year with an expected investment of 3 billion RMB yuan.

AB MAURI YIHAI KERRY (ZHOUKOU) YEAST TECHNOLOGY CO., LTD., completed the registration in February with the registered capital of 90 million RMB yuan, the 6th foreign-funded company invested by YIHAI KERRY in Zhoukou since 2020.

China-Europe freight train (Zhengzhou) boosts Henan's foreign trade. [Photo/dahe.cn]

Statistics show that the utilization of foreign capital in Henan has been growing rapidly this year. In the first 4 months, 88 foreign-funded companies were established in Henan, with utilized foreign investment of 5.88 billion US dollars, 11.2 percent higher than that in the same period last year.

The utilization of foreign capital is not only a significant way to make overall use of domestic and international markets and resources, but also a key to building new advantages and seizing new opportunities. An official from the Department of Commerce of Henan Province told Henan Daily that at present, Henan is perfecting its investment policies and will encourage and attract more foreign-funded enterprises to Henan by giving more support to them with a series of practical measures such as expanding the coverage of incentives and simplifying the application procedures. (Chinese source: Henan Daily Reporter: Sun Jing Translator: Zhao Hanqing Proofreader: Zhang Junping)