Macao's inward direct investment reaches 1.47 bln USD

Source: Xinhua| 2017-10-13 18:02:11|Editor: Mengjie
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MACAO, Oct. 13 (Xinhua) -- The inward direct investment flows to China's Macao Special Administrative Region (SAR) increased by 31.9 percent year-on-year to 11.81 billion patacas (about 1.47 billion U.S. dollars) last year, as some banks and gaming enterprises retained their profits for reinvestment, according to the figures released Friday by the SAR's statistics and census service.

Analyzed by industry, flows of inward direct investment were mostly recorded in banks and securities, insurance and construction. Meanwhile, inflow into the gaming sector rose from a negative value in 2015 to 616 million patacas (about 76.67 million dollars) in 2016.

The inward direct investment flows came mainly from China's Hong Kong Special Administrative Region, the Chinese mainland and the British Virgin Islands.

The income of Macao SAR's inward direct investment last year fell by 5.8 percent year-on-year to 48.75 billion patacas (about 6.07 billion dollars). Income from direct investment in gaming sector decreased by 6.4 percent to 28.15 billion patacas (about 3.51 billion dollars), an apparent improvement from the decline of 47.5 percent in 2015, the statistics shows.

In 2016, there were a total of 2,804 Macao SAR's enterprises involved in inward direct investment, with 57 enterprises in outward direct investment.

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