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October 14, 2016

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Foreign Investment Rising

FOREIGN direct investment into the Chinese mainland edged up 1.2 percent year on year to reach US$9.21 billion in September, bringing FDI growth in the first nine months to 4.2 percent, according to Ministry of Commerce figures.

The service industry continued to attract more foreign investment from January to September. FDI in the service sector, accounting for 70.7 percent of total investment, went up 9 percent year on year during the period.

FDI in high-tech services nearly doubled from a year earlier to reach 73.88 billion yuan (US$11 billion).

In the first nine months, FDI from the United States surged 118.9 percent, while that from Germany and the UK rose 95.8 percent and 51.7 percent, respectively.


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