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Macau ranks second biggest investor in Guangdong

While Macau ranks second, official data released by Chinese Bureau discloses Hong Kong tops the list

The MSAR was the second biggest investor in Guangdong Province for the first half of the year, according to the Guangdong Bureau of Statistics.
Data released by the Chinese Bureau has disclosed that Hong Kong ranked first during the six months period, with investments made by Hong Kong accounting for 70.6 per cent of the total foreign investment in Guangdong.
A total of 3,267 investments made by Hong Kong investors, an increase of 28.3 per cent year-on-year.
The contracts made with Hong Kong investors – valued at US$27.32 billion (MOP219.97 billion) – were, however, down 25.2 per cent when compared to the same period a year ago whilst the actual use of investment had increased by 4.2 per cent to US$8.69 billion.
The information provided by the Chinese data does not disclose data of the Macau sector.
In overall terms, some 5,239 investment projects were newly registered in Guangdong Province, with both the cost of contracts and the actual use of investment up 0.4 per cent and 6.6 per cent year-on-year, to US$40.34 billion and US$12.31 billion, respectively.
For the top ten investors in Guangdong Province, following the two SARs, were the British Virgin Islands, Singapore, Japan, Holland, the United States, Cayman Islands, the United Kingdom and Samoa.
In particular, Holland, the Cayman Islands and Singapore registered a faster growth over the period in terms of actual use of investment, which grew 32.8 times, 5 times and 1.9 times, respectively.
Region-wise, the Pearl River Delta attracted some 4,932 foreign investments from January to June, increasing 41.7 per cent year-on-year.
The total value of the contracts made in the area was US$38.78 billion, down 1.7 per cent, but the area saw an increase of 5.8 per cent in the actual use of the investments, amounting to US$11.87 billion.
The number of investments, the amount of the contracts and the actual use of investment in the Delta took up 94.1 per cent, 96.1 per cent and 96.4 per cent, respectively, of the entire province.

Tertiary industries take the lead
Guangdong Province attracted a total of 4,601 investment projects relating to tertiary industries, taking up 87.8 per cent of the total foreign investment, a surge of 46.2 per cent. Total contracts cost US$31.32 billion, down 7.1 per cent year-on-year, while the actual use of investment amounted to US$80.98 billion, up 1.4 per cent.
In particular, 26.2 per cent of tertiary industry was related to the real estate market, with the actual use of investment in the market reaching US$2.12 billion, up 1.5 per cent.