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China July FDI down 8.7% to $ 7.6 billion

08-16-2012 15:14 BJT Special Report:China's Economic Data |

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Foreign direct investment into China fell 8.7% to 7.6 billion US dollars in July from a year earlier. It’s the latest sign of slowdown in the economy. It also extends the longest run of falls since the global financial crisis.

The Ministry of Commerce says July’s FDI was also down from 12.0 billion dollars in June. In the January-to-July period, newly Approved Foreign-invested Enterprises amounted to 13.7 thousand down by 12.3 percent year on year, and the actual use of foreign investment reached 66.7 billion US dollars, down by 3.6 percent year on year.

Editor:Wang Xiaomei |Source: CCTV.com

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