Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Credit
Investment

China reports rising inflow in foreign direct investment

June 19, 2020


Abstract : Foreign direct investment (FDI) into the Chinese mainland, in actual use, expanded by 7.5 percent year on year to 68.63 billion yuan in May, said Gao Feng, spokesperson for the Ministry of Commerce, at a press conference on Thursday.

BEIJING, June 18 (Xinhua) -- Foreign direct investment (FDI) into the Chinese mainland, in actual use, expanded by 7.5 percent year on year to 68.63 billion yuan in May, said Gao Feng, spokesperson for the Ministry of Commerce, at a press conference on Thursday.

In U.S. dollar terms, the FDI inflow stood at 9.87 billion dollars, up by 4.2 percent year on year.

From January to May, the the country's FDI totaled 355.18 billion yuan, down 3.8 percent year on year, narrowing by 7 percentage points compared to the first quarter of the year.

During the period, the inflow to high-tech industries rose by 2 percent, with the information and e-commerce services sector up 42.3 percent and 67.9 percent, respectively.

Investment from members of the Association of Southeast Asian Nations increased 10.1 percent year on year, while that from countries participating in the Belt and Road Initiative rose 6 percent.

The country has rolled out a string of policies to better invigorate and protect foreign investors, which advanced the growth of the FDI, the ministry said earlier. Enditem

Scan the QR code and push it to your mobile phone

Keyword: China FDI

Reading:

NW China Gansu's trade with B&R countries down 23.1 pct in Jan.-May

Balances of RMB deposits in Yangtze River Delta up to RMB50.51 trln by end May

China vows to further cut outdated coal, steel capacity

China launches crackdown on online copyright infringement

Factbox: China's progress on economic resumption

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial