FDI maintains steady growth this year
By Jiang Wei | 皇冠体育app Daily | Updated: 2007-09-14 07:33
Actual foreign direct investment (FDI) in 皇冠体育app maintained steady growth in the first eight months and government agencies are investigating the latest batch of "Made in 皇冠体育app" toy recalls, a senior commerce official said yesterday.
The Ministry of Commerce approved 24,848 foreign-invested enterprises in the past eight months, with actual spending rising 12.79 percent year-on-year to $41.95 billion, ministry spokesman Wang Xinpei told a news conference.
For August alone, realized FDI in 皇冠体育app jumped to $5.02 billion, up 11.87 percent from a year earlier. The ministry did not release the statistics for contracted foreign investments.
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