Foreign direct investment in China up 5.48% in Jan-Nov

Wednesday, 18 December 2013 17:12:57 (GMT+3)   |   Shanghai
       

Overall foreign direct investment (FDI) in mainland China in the January-November period of the current year totaled $105.506 billion, up 5.48 percent year on year, as announced by China's Ministry of Commerce (MOC) on December 18.

In the given period, China gave approval for the establishment of 20,434 foreign-invested enterprises, down 9.19 percent from the same period a year earlier. In November alone, foreign direct investment in China totaled $8.48 billion, up 2.35 percent year on year, rising on year-on-year basis for the 10th consecutive month.

In the first 11 months of the current year, foreign direct investment in Chinese manufacturing fell by 5.71 percent year on year to $41.458 billion, accounting for a 39.3 percent share of the total figure for FDI in China in the period. Meanwhile, foreign direct investment in the Chinese services industry totaled $54.247 billion, up 14.04 percent, accounting for a 51.4 percent share of the total figure for FDI in China in the period.

In the January-November period of the current year, foreign direct investment from 10 countries or regions in Asia (Hong Kong, Macao, Taiwan, Japan, Philippines, Thailand, Malaysia, Singapore, Indonesia and South Korea) in mainland China totaled $91.406 billion, up 7.45 percent year on year.


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