xi's moments
Home | Macro

Foreign capital actual use soars to 98.7b yuan

By Zhong Nan | chinadaily.com.cn | Updated: 2020-12-15 14:46

Visitors examine an electric vehicle chassis at Volkswagen (Anhui) on Tuesday in Hefei, Anhui province. [Photo by Li Fusheng/chinadaily.com.cn]

China's actual use of foreign capital soared 5.5 percent on a yearly basis to 98.7 billion yuan ($14.38 billion) in November this year, marking the eighth consecutive month for the country to witness positive growth in foreign direct investment, according to data released by the Ministry of Commerce.

FDI in China grew by 6.3 percent year-on-year to 899.38 billion yuan between January and November. In dollar terms it increased by 4.1 percent to $129.47 billion.

The country's service sector attracted 704.46 billion yuan of FDI during the 11-month period, jumping 16.1 percent on a yearly basis, accounting for 78.3 percent of the country's total use of foreign capital.

Global Edition
BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349