Fast Development of Joint Ventures in City A 0 V2 R3 X7 V+ _9 r4 m: W/ ]6 S
There was a very significant increase in the number of joint ventures in the city in 1990.As we can see, 798 joint ventures were approved in 1990, with 323 of them in production. Among them, 579 enterprises belonged to the industry sector. The joint ventures invested total 42.71 billion dollars in city A in 1990. The total foreign fund arrived 19.34 billion dollars altogether.
; U2 K8 W1 m/ s4 T" F: K, r The table shows information of the joint ventures of city A for the period January to August in the year 1989 and 1990 in three aspects: total industrial value, total sale and foreign exchange. The year of 1990 saw a sharp rise in total industrial value compared with the year of 1989, from 1.95 billion dollars to 6.44 billion dollars. In 1989, total sale is approximately 5.14 billion dollars, but in the same period of 1990, the amount reached 7.30 billion dollars between the year of 1989 and 1990.
# D: j7 i, z" s6 ^, y According to the pie chart, some 43 percent of the foreign investment came from Hong Kong, The biggest percentage among all the foreign countries which had invested in city A. Japan and America accounted for 19% and 16% respectively. In addition, other 23 countries also invested in the form of joint ventures, accounting for 22% of all.
6 x9 C( S! q6 h* w From the data and the two graphs above, we can safely draw the conclusion that from the year of 1989 to 1990, joint ventures grow in popularity in city A. There may be a promising future for the joint ventures in city A |