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China's FDI up 19.6% in H1
Jul 16,2010 10:36CST
data analysis
Source:SMM

BEIJING, July 16 -- China's foreign direct investment (FDI) rose by 19.6 percent to $51.43 billion in the first half of the year, a senior official with the Ministry of Commerce (MOC) said here Thursday.

Liu Yajun, director of the MOC's Foreign Investment Administration Department, said at a press briefing that in June alone, China's FDI rose 39.6 percent year-on-year to $12.51 billion.

That marked the 11th straight month that China has seen year-on-year growth in FDI.

The government approved the establishment of more than 12,400 overseas-funded ventures in the first six months of the year, an increase of 18.8 percent year-on-year, he said.

A total of 2,739 foreign companies were permitted to set up in China last month, up 8.3 percent from the same period last year, according to Liu.

 
 

foreign direct investment
China economy macroeconomy
FDI

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