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"Fortune 500 enterprises" paying taxes of 50 million RMB in the first two months
www.odtn.com 2007-3-26 15:18:40

With SK Construction (Nanjing) Co., Ltd. solely invested by Korea SK Groups, one of the "Fortune 500 enterprises" in the world, settling down in Maqun Science and Technology Park in Xixia district, Nanjing has 86 projects invested by fortune 500 enterprises in the world. According to incomplete statistic data, enterprises invested in Nanjing by fortune 500 enterprises paid local taxes of 50 million RMB in total, increasing 27.67% with 10.85 million RMB more than that in the same period last year, much higher than the amplification of 16% in economic local taxes involved in foreign affairs in the first two months of this year.

According to the investigation into the scales of investment, the total volume of investment in these 86 projects mentioned above reached 6.5 billion USD in total, covering 17% of total foreign capital over the past years in Nanjing. With 7.573 million USD as the average volume of investment in each project, it is 17.4 times of average level in Nanjing. BASF-YPC Co., Ltd., invested by Germany BASF Co. Ltd. in 2000, with a total investment of 2.65 billion USD, has become a foreign-invested enterprise of the largest scale in Nanjing.

In these 86 foreign-invested enterprises, the number of manufacturing enterprises reaches 69. Compared with manufacturing, the proportion of service trades invested by fortune 500 enterprises in the world is relatively less.

From:ODTN.com Editor:Carmen   
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