China sees stable FDI inflows in first 11 months | 2018-12-14 | daily-sun.com

China sees stable FDI inflows in first 11 months

    14 December, 2018 12:00 AM printer

BEIJING: Foreign direct investment (FDI) into the Chinese mainland stayed basically stable in the first 11 months of the year, the Ministry of Commerce (MOC) said Thursday.

A total of 54,703 new overseas-funded companies were established during the period, up 77.5 percent year on year, MOC data showed, reports Xinhua.

FDI from January to November reached 793.3 billion yuan, down 1.3 percent year on year. In U.S. dollar terms, the FDI stood at 121.3 billion dollars, up 1.1 percent year on year.

In November alone, the number of new overseas-funded enterprises increased 11.1 percent year on year to 5,158, according to the data.


Top