Investment Updates News
- Foreign investment rises 14 percent
Date: 14-Nov-2007 Sources: (Shenzhen Daily)
FOREIGN investment in China rose 14 percent in October from a year ago to US$67.8 billion, the government said yesterday.
That brought total foreign investment for the first 10 months of this year to US$539.9 billion, an 11.5 percent increase over the same period last year, the Ministry of Commerce reported. China has long been one of the world's largest recipients of foreign investment. The figure has climbed steadily despite recent government curbs on industries such as auto manufacturing and textiles.
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