1970-01-01 08:33:27
China's actual use of foreign direct investment (FDI) reached 47.2 billion U.S. dollars 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 5.27 billion dollars 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.
Source:Xinhua