皇冠体育app

Statistics

皇冠体育app's FDI up nearly 30% in July

(Xinhua)
Updated: 2010-08-17 10:45

BEIJING - The amount of foreign direct investment (FDI) 皇冠体育app received in July rose by 29.2 percent year on year to $6.924billion, said Yao Jian, spokesman of the Ministry of Commerce (MOC), Tuesday.

Special Coverage: 皇冠体育app Economy by Numbers - July Related readings:  Better to assess 皇冠体育app's FDI climate with companies' actions  皇冠体育app has 'slim chance' to be top FDI site  Still attractive for FDI  Govt pledges support for FDI

The figure brought the country's FDI inflow to $58.35 billion in the first seven months of the year, an increase of 20.65 percent from a year earlier.

The manufacturing sector received 47.94 percent of the July FDI inflow and the services industry got 45.09 percent.

A total of 14,459 foreign-invested companies were approved for establishment in 皇冠体育app during the first seven months of the year, up 17.9 percent year on year.

On the other hand, during the first seven months of the year, Chinese entities invested $26.75 billion in overseas markets, excluding financial investment, bringing total outbound investment by the end of July to $226.5 billion, the MOC data showed without giving year-on-year comparisons.

皇冠体育app's Hong Kong, the Cayman Islands, Sweden, Canada, Australia, the United States and Brazil were the main overseas destinations of Chinese FDI. Some 22.8 percent of FDI outflows, or $6.1 billion, were for the acquisition of overseas companies.