RSSNewsletterSiteMapFeedback

Home · Weather · Forum · Learning Chinese · Jobs · Shopping
Search This Site
China | International | Business | Government | Environment | Olympics/Sports | Travel/Living in China | Culture/Entertainment | Books & Magazines | Health
Home / Business / News Tools: Save | Print | E-mail | Most Read | Comment
Foreign Investment in China Up 12.8%
Adjust font size:

China actually used US$41.95 billion in foreign direct investment, in the first eight months this year, up 12.8 percent over the same period of 2006, the Ministry of Commerce announced on Thursday.

The country approved the establishment of 24,848 foreign-funded companies in the same period, down 5.26 percent from the previous year, said the ministry.

In August, the establishment of 3,150 foreign-funded firms were approved, down 8.83 percent year-on-year, while the actual use of foreign investment went up 11.87 percent to US$5.02 billion.

China's actual use of foreign direct investment had cumulatively exceeded US$750 billion by the end of June this year since the beginning of its opening-up policy in 1978.

China's Vice Commerce Minister Wei Jianguo said last month that China would unswervingly push forward opening-up and reform and continue to attract foreign investment in an active and effective way.

Currently, more than 28 million people, or about 10 percent of the employed population in cities and towns of the country, work in foreign-funded enterprises.

(Xinhua News Agency September 13, 2007)

Tools: Save | Print | E-mail | Most Read

Comment
Username   Password   Anonymous
 
China Archives
Related >>
- No Threat of Foreign Monopoly in Any Industry: Report
- Goldman Sachs Buys into Chinese Cement Maker
- Cumulative FDI Exceeds US$ 750 Bln
- Foreign Funds Swell in Shanghai Services Industry
- No Let-up in Foreign Money in Real Estate
- FDI Up 13% in 7 Months
Most Viewed >>
-China set to hit the brakes on rising yuan
-Power to resume shortly in worst-hit area by snow
-Macao's gaming market expands further
-Online operators are on top of the game
-Insurance firms set to stump up billions

May 15-17, Shanghai Women's Forum Asia
Dec. 12-13 Beijing China-US Strategic Economic Dialogue
Nov. 27-28 Beijing China-EU Summit

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?
SiteMap | About Us | RSS | Newsletter | Feedback

Copyright © China.org.cn. All Rights Reserved E-mail: webmaster@china.org.cn Tel: 86-10-88828000 京ICP证 040089号