FDI inflows jump 7.9% to US$114b
CHINA attracted 704.33 billion yuan (US$114 billion) in foreign direct investment in the first 11 months of this year, up 7.9 percent from the same period a year earlier, the Ministry of Commerce said yesterday.
FDI inflows in November rose 1.9 percent from a year earlier to 64.9 billion yuan (US$10.36 billion).
In January-November, the country’s services sector has utilized 69.58 billion yuan of foreign investment, up 18.8 percent from the same period in 2014, the ministry said.
While FDI is a key measure of general overseas investment interest in China, it is a small factor within overall capital flows and when compared to the huge export sector.
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