• News
  • China
  • China's FDI inflow in high-tech manufacturing up 25.3 pct in first seven months
413

China's FDI inflow in high-tech manufacturing up 25.3 pct in first seven months

A ship berthing at a cargo terminal of Tangshan Port in Tangshan, north China's Hebei Province. Photo by Xinhua/Yang Shiyao.
A ship berthing at a cargo terminal of Tangshan Port in Tangshan, north China's Hebei Province. Photo by Xinhua/Yang Shiyao.

Foreign direct investment (FDI) into the Chinese mainland, in actual use, in high-tech manufacturing expanded 25.3 percent year on year in the first seven months of the year, the Ministry of Commerce said. This was reported by The Xinhua News Agency.

High-tech industries saw an FDI increase of 3.8 percent during the period.

The FDI inflow, in actual use, totaled ¥766.71 billion (about $106.48 billion) in the January-July period, down 4 percent year on year.

In the first seven months, investment from France, the United Kingdom, Canada and Switzerland surged by 213.7 percent, 159.9 percent, 113.3 percent and 61.2 percent year on year, respectively.

ADVERTISING

A total of 28,406 new foreign-invested companies were established in this period, a 34-percent increase year on year.

Who we are: About us, Contacts. How we write news and our principles: Editorial code. We did our best. If you found this valuable – please support us.

To request a correction, please send an email.