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FDI in China mostly stable in H1

by ChemOrbis Editorial Team - content@chemorbis.com
  • 18/07/2017 (16:05)
According to media reports, data released by the Ministry of Commerce revealed that Foreign Direct Investment (FDI) in China was nearly unchanged in the first half of 2017 due to the government’s efforts to open China to foreign market. Accordingly, in the first six months of the year FDI in China was reported at CNY 441.5 billion ($65 billion).

However, in the first five months of 2017, FDI rose by 2.3% to CNY 100 billion on the year.

Reports also revealed that the number of new foreign-funded companies increased by 12.3% to 15,053 in the first half of 2017.

In the first half, FDI in the service sector climbed to CNY 309.99 billion ($45.9 billion) while in the manufacturing sector it was CNY 128.6 billion ($19 billion).
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