Investment Performance News
- China remains popular desitnation of overseas capital: Ministry
Date: 13-Jun-2007 Sources: (People's Daily)
China approved fewer joint ventures but attracted more foreign direct investment in the first five months, indicating the country is still a popular destination of overseas capital, Yao Shenhong, spokesman with the Ministry of Commerce said on Wednesday.
A total of 15,072 joint ventures were approved by the ministry from January to May, down 3.75 percent year-on-year, bringing in 25.28 billion U.S. dollars, up 9.87 percent from a year earlier, Yao said.
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