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China's FDI Falls 0.3 pct in Jan.

iconFeb 16, 2012 13:19
Source:SMM
China used 9.997 billion U.S. dollars of foreign direct investment (FDI) in January.

BEIJING, Feb. 16 -- China used 9.997 billion U.S. dollars of foreign direct investment (FDI) in January, down 0.3 percent year-on-year, the Ministry of Commerce (MOC) said Thursday.

Shen Danyang, spokesman for the MOC, said at a regular news briefing on Thursday that FDI in the country's cropping and livestock sectors rose significantly in January while that in both the manufacturing and service sectors dropped on a yearly basis.

Investment from the United States and other Asian countries and regions increased while that from the European Union fell.

The central and western regions registered a faster growth of FDI compared to the eastern region

In January, the nation approved the establishment of 1,402 foreign-invested companies, down 37 percent year-on-year, said Shen.

China
FDI
January foreign investment

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