Foreign direct investment to China rises 4.1% in 2016

Labourers work at a construction site on the Bund in front of the financial district of Pudong in Shanghai, China October 19, 2016. REUTERS/Aly Song

BEIJING: Foreign direct investment (FDI) to China increased 4.1% on the year to 813.22 billion yuan (RM525.9bil) in 2016, the country’s commerce ministry said on Friday.

FDI to China in December rose 5.7% on the year to 81.42 billion yuan, the Ministry of Commerce said in a statement on its website.

FDI in services increased 8.3% in 2016 and made up 70.3% of all FDI, it added. - Reuters