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FDI declines 9.4% in December

Shanghai’s foreign direct investment fell 9.4 percent from a year earlier to US$805 million in December, the lowest of 2014, the Shanghai Statistics Bureau said today.

The decline widened from a 2.1 percent decline in November.

Shanghai signed 319 FDI contracts in December worth US$22.5 billion.

Investment in the manufacturing sector increased 17.4 times to US$504 million, while the service sector reported its investment more than halved to US$1.75 billion.

 


 

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