UNITED STAT What is SelectUSA? SelectUSA is the U.S. government program to promo
ID: 1104684 • Letter: U
Question
UNITED STAT What is SelectUSA? SelectUSA is the U.S. government program to promote and facilitate business investment in the United States. Home to the largest amount of FDI in the world How do we help? We work with companies and U.S. economic development organizations to provide information, faclitate direct connections, and resolve questions regarding federal regulations We also provide a promotional platform for U.S. state and loca . U.S. JOBS Supported by FOl: 00 200 thousand s-100 Contact US: Write: info@selectusa gov Tweet: eSelectUSA 5-25 housand Investing in Innovative R&D; Expanding U.S. Exports Supporting U.S. Jobs 6,820,700 Number of u.s, workers emplayed by $57 billion $353 billion aof esearch and developTotal cotuzion to U.S poods exports n 2015 FDI in the USA uso $2.584.708 199 034 $2,727,825 201 393 2.945,795 201,733 3303586 465765 2016 3,725,418 457,125 Position (uBo) US, FDI Abroad 2014 $4,910 065 5.332 225 280 681 5,048 77 54410.015 318 79 4579.713 $303.432 MacBook Air 9 0.
Explanation / Answer
FDI Is Foreign Direct Investment. It means companies coming to USA and setting business there by investing in land, labour, capital and enterprise.
If we see UK has FDI worth: 59.83 Billion
China has FDI Worth: 5.8 Billion
UK occupies 16.1 % Of total FDI in USA Whereas China has only 1.6 % of total FDI.
But China is growing fast in terms of FDI in USA and in 2016 it is 3rd fastest growing investor and majorly investing in following sectors: Software and IT, Electronic components, Communications etc.
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