Foreign investment to hit record in 2015
FOREIGN investment in China is estimated to hit a record US$126 billion in 2015, new official data showed.
In the first 11 months of last year, China netted US$114 billion in non-financial investment, up 7.9 percent year on year, the Ministry of Commerce said in a statement yesterday.
Nearly 24,000 foreign-funded enterprises were founded in the first 11 months, up 11 percent from the same period of 2014.
A rising amount of foreign capital flowed to the service sector and advanced manufacturing, the statement said.
Investment from major countries remained stable in 2015 and China’s free trade zones with preferential policies were major factors in the foreign capital inflow.
“Foreign investment increased at a relatively fast speed with improving quality against the background of a fierce global fight for capital,” the ministry said.
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