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FDI declines 9.4% in December
By Li Zixuan |
January 23, 2015, Friday
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Online Edition
Online Edition
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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