China's FDI returns to growth in August

Source: Xinhua | September 13, 2016, Tuesday |

Online Edition

FOREIGN direct investment (FDI) into the Chinese mainland rose 5.7 percent year on year in August, compared with a 1.6-percent drop in July, official data showed Tuesday.

FDI hit 57.32 billion yuan (US$8.76 billion) last month, according to figures from the Ministry of Commerce (MOC).

The rebound came as a slew of data released Tuesday showed China's economic activity was in better shape last month despite lingering downward pressure.

Fixed-asset investment, industrial output and retail sales all accelerated in August, according to the National Bureau of Statistics.

The MOC said FDI in the first eight months of 2016 increased 4.5 percent year on year to 85.88 billion U.S. dollars, up from 4.3 percent in the first seven months.

Business

About Us
|
Terms of Use
|
RSS
|
Privacy Policy
|
Contact Us
|
Shanghai Call Center: 962288
|
Tip-off hotline: 52920043

沪ICP证：沪ICP备05050403号-1
|
互联网新闻信息服务许可证：31120180004
|
网络视听许可证：0909346
|
广播电视节目制作许可证：沪字第354号
|
增值电信业务经营许可证：沪B2-20120012

China's FDI returns to growth in August

Email this to your friend