China's Nov FDI down 9.76%

Updated: 2011-12-15 13:21

(Xinhua)

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BEIJING - The foreign direct investment (FDI) China attracted in November dropped 9.76 percent year-on-year to $8.76 billion, the Ministry of Commerce (MOC) said Thursday.

In November, China approved the establishment of 2,718 foreign-invested companies, down 12.91 percent from a year earlier, said ministry spokesman Shen Danyang.

The November figure brought the total FDI in the first 11 months to $103.77 billion, up 13.15 percent year-on-year.

During the same period, the nation approved the establishment of 25,086 foreign-invested companies, up 3.23 percent year-on-year, said Shen.