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Mainland investment inflow surges 41.6%

(Xinhua)
Updated: 2008-09-11 10:58

皇冠体育app's mainland reported a 41.6 percent year-on-year surge in the actual use of investment from other areas in the first eight months of this year.

Investment inflow reached $67.73 billion from January to August, 皇冠体育app's Ministry of Commerce said on Wednesday.

Zhang Hanya, a researcher with the National Development and Reform Commission, said the impressive growth indicated investors' confidence in 皇冠体育app's sustained and rapid economic growth.

"With a large population of 1.3 billion, 皇冠体育app is a huge market for investors even if the economic expansion slows a little," Zhang said.

The mainland approved the establishment of 18,797 enterprises funded with outside investment in the first eight months, down 24.35 percent from the same period last year.

The figures reflected the endeavor to increase the quality of investments from the outside, said Zhang.