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 Silk Road Database
Data

FDI into Chinese mainland up 7.6 pct in May

June 15, 2018


Abstract : Foreign direct investment (FDI) into the Chinese mainland rose 7.6 percent year-on-year to 58.81 billion yuan (about 9.06 billion U.S. dollars) in May, official data showed Thursday.

BEIJING, June 14 (Xinhua) -- Foreign direct investment (FDI) into the Chinese mainland rose 7.6 percent year-on-year to 58.81 billion yuan (about 9.06 billion U.S. dollars) in May, official data showed Thursday.

The growth reversed a 1.1-percent decline registered in April, according to the Ministry of Commerce.

The number of new overseas-funded companies set up in May surged 106.5 percent last month to 5,024.

In the first five months, total FDI inflow edged up 1.3 percent to 345.59 billion yuan. New overseas companies set up in the period surged 97.6 percent to 24,026, the ministry said.

FDI into high-tech sectors, which accounted for 20.5 percent of the total, climbed 9.8 percent in the first five months, ministry spokesperson Gao Feng said at a news conference.

He added that the FDI inflow into high-tech manufacturing industry continued to see "relatively fast" growth, with year-on-year growth of 61.9 percent for the first five months.

Investment from countries along the Belt and Road increased 38.8 percent from a year earlier.

During the January-May period, domestic companies made a total of 47.89 billion dollars in non-financial outbound direct investment, up 38.5 percent year on year.  Enditem

Scan the QR code and push it to your mobile phone

Keyword: China FDI

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.

Identifying code 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