Foreign trade

The port city of Dalian in China’s northeastern Liaoning province had 185 new foreign-invested businesses in 2018, which brought in contracted investment of $14.95 billion. Seventeen business projects deployed foreign capital of more than $10 million, of which four involved outlays of more than $100 million.

Paid-in foreign direct investment was $3.25 billion, a year-on-year increase of 8.2 percent. China’s Hong Kong, as well as Japan, the United States, Singapore and Netherlands, were the top five sources of foreign capital.

In 2018, the total foreign trade in Dalian was 413.22 billion yuan, an increase of 21.7 percent on the previous year. Of the total, imports accounted for 238.64 billion yuan, increasing 33.6 percent. Exports, meanwhile, increased by 8.5 percent to 174.58 billion yuan.

The export value that year of electrical and mechanical products was 68.89 billion yuan, dropping 11.3 percent year-on-year. General export values came in at 65.29 billion yuan, increasing 13 percent.

Private-owned enterprises reported export value of 57.87 billion yuan, an increase of 17.9 percent year-on-year. The six major export destinations were East Asia, Japan, countries and regions taking part in the B&R Initiative, North America, the European Union and the United States.

Total self-deployed foreign trade

Businesses in Dalian filed for 68 outbound investment projects with contracted value of $804 million in 2018, dropping 79.3 percent. Turnover from foreign contracted projects was $680 million, up 6 percent. Income of laborers working overseas totaled $96.60 million, an increase of 5 percent year-on-year. The contracted value of offshore service outsourcing projects was $1.69 billion, of which $1.56 billion of contracts were fulfilled, a year-on-year increase of 16.6 percent.

There were 1,110 outsourcing services providers in Dalian at the end of 2018, which had 150,600 employees.