Yunnan’s exports and imports in the first eight months amounted to 9.85 billion U.S. dollars, showing a 9.4-percent increase year-on-year, according to the latest statistics from the provincial customs.

From January to August, imports expanded by 11.7 percent to 4.11 billion U.S. dollars, and exports totaled 5.74 billion U.S. dollars, up 23.6 percent over the same period last year.

In the first eight months, 16 new foreign-invested enterprises were approved, up 31.5 percent from the same period last year and used 470 million U.S. dollars of foreign direct investment (FDI). Moreover, 102 foreign-invested projects were also approved with the actual use of foreign capital reaching 700 million U.S. dollars, an increase of 27.9 percent year-on-year.

A total of 16 new contracts referring to foreign contracted projects, labor cooperation and design consulting contracts were signed in the first eight months. The contract values rose 15 percent to 830 billion U.S. dollars year-on-year.

The actual utilization of foreign capital from financial industry reached 34.67 million U.S. dollars. The actual foreign investment utilization volume was 161.46 million U.S. dollars in the wholesale and retail industry, 134.25 million U.S. dollars for manufacturing industry and 84.28 million U.S. dollars for Real estate industry.