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CHINA / National |
FDI in China up 10.87% in first 9 months(Xinhua)
Updated: 2007-10-12 23:50 BEIJING -- China's actual use of foreign direct investment (FDI) reached US$47.2 billion in the first nine months, up 10.87 percent year-on-year, the Ministry of Commerce announced on Friday. The country approved the establishment of 28,206 foreign-funded companies in the same period, down 6.05 percent from a year earlier. In September alone, China actually used US$5.27 billion in FDI, down 2.36 percent, and approved the establishment of 3,358 foreign-funded companies, down 11.49 percent. The top ten investors accounted for 86.73 percent of the total FDI in the nine months. Among them, the United States recorded a decrease of 16.41 percent in the number of enterprises it established in China, and a drop of 2.88 percent in FDI. |
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