| Last updated at: (Beijing Time) Tuesday, November 13, 2001 |
Foreign Direct Investment in China Increases: MOFTEC |
|
China approved 20,549 new enterprises of foreign direct investment (FDI) from January to October 2001, 17.47 per cent above the same period last year, a source with the Ministry of Foreign Trade and Economic Cooperation (MOFTEC) disclosed in Beijing on Tuesday.
|
|
 |
|
|
|
|
China approved 20,549 new enterprises of foreign direct investment (FDI) from January to October 2001, 17.47 per cent above the same period last year, a source with the Ministry of Foreign Trade and Economic Cooperation (MOFTEC) disclosed in Beijing on Tuesday.
During this period, the contracted foreign investment totaled US$55.20 billion, up 26.85 per cent over the same period last year, while foreign-funds in use increased 18.63 per cent to US$37.25 billion, according to the MOFTEC source.
By the end of October 2001, China had approved 384,894 foreign- funded enterprises involving contracted foreign investment of US$731. 92 billion, of which US$385.88 billion is in use.
|
|
|
|