Foreign direct investment in China up 2.3 percent in January-July

Monday, 20 August 2018 10:53:40 (GMT+3)   |   Shanghai
       

Foreign direct investment (FDI) in China in the January-July period this year totaled RMB 496.71 billion ($72.3 billion), up 2.3 percent year on year, with a total of 35,239 new companies set up by foreign investment in China, rising by 99.1 percent year on year, as announced by China's Ministry of Commerce (MOC).

In particular, in the given period the direct investments made in China by Hong Kong, Singapore, Japan, South Korea, the US, the UK and Macao China increased by 1.5 percent, 23.5 percent, 30.6 percent, 36.5 percent, 12 percent, 86.1 percent and 77.4 percent, respectively, year on year.


Similar articles

Global View on Billet: Uptrend fails to materialize after holiday, trading limited by lower bids

10 May | Longs and Billet

Formosa hikes HRC prices by $15/mt in Vietnam, despite slow demand and pressure from Chinese suppliers

10 May | Flats and Slab

Non-VAT steel export offers from China start to revive gradually

10 May | Flats and Slab

Offers in SE Asia’s import rebar market rise despite lack of positive mood in China

10 May | Longs and Billet

Buyers not ready for higher slab offers attempted by Asian mills, push for discounts

09 May | Flats and Slab

ASEAN wire rod mills target increases, but Chinese market not rising as much as expected

09 May | Longs and Billet

Ex-ASEAN mills hold prices as gains in China not sufficient to provide solid support

07 May | Longs and Billet

Shanxi Coking Coal’s net profit decreases by 61.53 percent in Q1

06 May | Steel News

Vietnam’s Hoa Phat raises local HRC prices amid import price hikes

02 May | Flats and Slab

ASEAN billet exporters have to cut offers from previous “unreasonable” level, deal prices stable

30 Apr | Longs and Billet