China FDI expands 6.4% in Jan-April

0 Comment(s)Print E-mail Xinhua, May 16, 2019
Adjust font size:
Guests attend the groundbreaking ceremony of Tesla Shanghai gigafactory in Shanghai, east China, Jan. 7, 2019. [Photo/Xinhua]

Foreign direct investment (FDI) into the Chinese mainland expanded 6.4 percent year on year to reach 305.24 billion yuan in January-April period, the Ministry of Commerce (MOC) announced Thursday.

In U.S. dollar terms, FDI inflow grew 3.5 percent year on year to 45.14 billion dollars during the period, the MOC said.

FDI in April alone reached 62.95 billion yuan, up 6.3 percent year on year.

Investment in high-tech industries rose 43.1 percent year on year and accounted for 28.1 percent of the total FDI, with the high-tech service sector attracting 52.48 billion yuan in overseas investment, up 73.4 percent.

FDI into western China reached 21.16 billion yuan, rising 9.6 percent year on year.

China's pilot free trade zones saw FDI inflow up 11.8 percent year on year during January-April period, accounting for 11.9 percent of the total FDI.

MOC data showed that FDI from the Republic of Korea and Germany both more than doubled from one year earlier.

Follow on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from