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Some 20,000 companies set up in Hubei FTZ

Source: hubei.gov.cn 11/16/2018 04:11:54

Until the end of September, the China (Hubei) Pilot Free Trade Zone has already home to 19,657 companies, the Hubei Trade Department official said on November 15 at a press conference.

Among the 19,657 companies, 151 are foreign invested, which contribute to contracted foreign investment of 3.3 billion U.S.dollars and actual used foreign capital of 2.1 billion U.S.dollars. The overall volume of import and export reached 153.6 billion yuan, accounting for one third of the province’s whole amount during the same period.

To create a good business environment, the Hubei FTZ has been deepening reform since its inauguration in April 2017, and so far more than 200 institutional innovations have been made.(en.hubei.gov.cn)