Jan-March FDI in China up 5.5%

FDI into China, excluding investment in financial sectors, rose 5.5%, totalling US$31.55bil in the March quarter - AFP Photo.

BEIJING: Foreign direct investment (FDI) into China increased 5.5% in the first three months of the year despite faltering in March, the government said Thursday, though outbound investment slumped.

FDI, which excludes investment in financial sectors, totalled US$31.55bil in the March quarter, the commerce ministry said in a statement. However, investment in March declined 1.47% to US$12.24bil, it said.