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China FDI rises over 18% in first 7 mths

08-17-2011 07:59 BJT

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As the global economy shows signs of slowing, investment into China remains strong.

China's Foreign Direct Investment, or FDI, is rising at a faster pace this year, compared to last.

China's Ministry of Commerce says FDI rose more than 18 percent, to about 69 billion US dollars in the first seven months of 2011. In July alone, more than 8.2 billion US dollars was brought to China, up nearly 20 percent from the previous year. That compares to around 2.8 percent annual growth in June.

China approved the establishment of more than 15-thousand foreign-invested companies during the first seven months of the year. About 21-hundred were approved in July.

Editor:Li Wanran |Source: CNTV.CN

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