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Directory Of Year 2007, Issue 52
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Current Location:English » 200752 » Continuous Growth of FDI
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Continuous Growth of FDI

Year:2007 Issue:52

Column: WEEKLY WATCH

Author:

Release Date:2007-12-27

Page: 4-9

Full Text:  

China utilized $61,674 billion of foreign capital from January to November, 13.66 percent higher than a year earlier, the Ministry of Commerce announced. The growth rate is 2.51 percentage points higher than the figure for the first 10 months.

In November, foreign investment actually used in China surged 35.07 percent to $7,679 billion. The number of newly approved foreign-invested firms fell 9.06 percent to 3,593.

During the period, China approved 34,419 foreign-funded companies, down 7.02 percent year on year, the Ministry of Commerce said.

The average foreign investment size has expanded as the nation has sought to boost foreign capital utilization quality.

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