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FDI influx to Chinese financial organs slows

(Xinhua)

08:17, November 30, 2012

BEIJING, Nov. 29 (Xinhua) -- China's financial institutions, including banks, insurers and securities firms, received 1.53 billion U.S. dollars of net direct investment from overseas investors in the third quarter, the nation's foreign exchange regulator revealed on Thursday.

This was lower than the 1.79-billion-USD net investment from overseas investors logged in the second quarter of the year, according to data from the State Administration of Foreign Exchange (SAFE).

Meanwhile, the country's financial institutions made a net equity investment worth 901 million U.S. dollars in overseas companies during the July-September period, increasing from 357 million U.S. dollars in the second quarter, the data showed.

The SAFE has been publicizing the data on a quarterly basis since 2012, as part of the regulator's efforts to increase the transparency of foreign exchange statistics.

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