Foreign direct investment in central China up 5.2 percent in Jan-May

Friday, 21 June 2019 11:34:53 (GMT+3)   |   Shanghai
       

In the central region of China, foreign direct investment (FDI) in the January-May period of this year totaled RMB 25.44 billion ($3.7 billion), up 5.2 percent year on year, while FDI in western China in the given period amounted to RMB 28.5 billion ($4.2 billion), up 25.2 percent year on year, as announced by China's Ministry of Commerce (MOC).

In particular, in the period in question, Shaanxi Province has set up 59 new wholly foreign-owned enterprises (WFOEs), up 15.69 percent year on year, while Henan Province set up 64 WFOEs, rising by 16.0 percent year on year.


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