Over 42,000 foreign-invested enterprises established in China from Jan-Aug


BEIJING, Sept. 19 (Xinhua) -- A total of 42,435 foreign-invested enterprises were established on the Chinese mainland from January to August, increasing 14.8 percent year on year, the Ministry of Commerce said on Friday.

During the period, foreign direct investment (FDI) in actual use totaled 506.58 billion yuan (about 71.22 billion U.S. dollars), which was down 12.7 percent year on year.

The actual use of FDI during the period came in at 129.03 billion yuan in the manufacturing industry, and at 366.19 billion yuan in the services industry.

The actual use of FDI in China's high-tech sectors totaled 148.28 billion yuan, with FDI in the e-commerce services, aerospace equipment manufacturing, chemical pharmaceutical manufacturing and medical instrument manufacturing sectors surging 169.2 percent, 37.5 percent, 23.2 percent and 19.2 percent.

By source, investment from Japan, Switzerland, the United Kingdom and Singapore grew 58.9 percent, 37.2 percent, 24.5 percent and 1.8 percent.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Area near one of Russia's biggest oil refineries damaged by Ukrainian drones, official says
Bus falls into river while boarding ferry in Bangladesh, leaving 24 dead
Analysis-Maduro case to test US narcoterrorism law with limited trial success
Panel wants prosecution of ousted Nepal PM over violence in Gen Z protests
Indonesia military officer steps down following acid attack on activist
Tehran rejects US claims of ‘ongoing, productive’ negotiations
Russian attacks kill two in Ukraine's Kharkiv, damage infrastructure on the Danube
Democrats, Republicans trade blame as major U.S. airports continue to see hours-long security lines
U.S. stocks finish higher on reports over Middle East
From the Frontline: Shattered life inside a forgotten train carriage

Others Also Read