BIZCHINA / Biz Media Digest

Macro Economy: FDI rises 5.76%
(China Daily)
Updated: 2006-05-16 14:46

Realized foreign direct investment to China rose by 5.76 per cent year-on-year to US$18.5 billion in the first four months of this year, according to the Ministry of Commerce. The ministry approved 12,639 new foreign-invested enterprises, down over 3.46 per cent from one year earlier. Hong Kong, Virgin Islands and Japan were the top three investors.

The per capita disposable income of urban residents in Beijing reached 6,950 yuan (US$869) in the first four months of this year, the capital's statistics authority reports. The figure indicates a year-on-year increase of 15.7 per cent, or 14.7 per cent allowing for price factors, according to Yu Xiuqin, spokesperson with the Beijing Municipal Statistics Bureau.


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