Metals News
China's February FDI up 32.2% Year-on-Year
data analysis
09:52AM
Mar 16,2011
Source:SMM

BEIJING, Mar.16 -- Foreign direct investment (FDI) into China accelerated by 32.2 percent year-on-year to $7.8 billion in February, the Ministry of Commerce (MOC) said Tuesday.

The February FDI inflow was less than January's $10.03 billion and the number of newly-approved foreign-funded companies also fell in the month due to a week-long Chinese Lunar New Year holiday, MOC said in a brief statement on its website.

Compared with 2,243 new foreign-funded enterprises in January, only 1,156 new foreign-invested enterprises were approved in February, down 10.9 percent from the same period of last year.

The FDI into China increased 17.4 percent year-on-year to $105.74 billion last year.
 

China macro economy
FDI
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