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Utilization of foreign investment increases by 10.5 percent from Jan-May

(People's Daily Online)    08:15, June 15, 2015
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Foreign direct investment (FDI) to the Chinese mainland jumped 10.5 percent year on year in the first five months of 2015, according to statistics released by the Ministry of Commerce on June 11, 2015.

From January to May this year, a total of 9,582 foreign-funded enterprises were set up, 6.9 percent up year-on-year; the contract foreign investment was 125.8 billion U.S. dollars, 40.8 percent up year on year, and the actual use of foreign capital was 53.8 billion U.S. dollars, 10.5 percent up year on year.

FDI in service industry totaled 33.9 billion U.S. dollars in the first five months, up 23.5 percent from last year. This accounted for 63 percent of the all FDI during the period.

Some high-end manufacturing businesses saw fast investment growth. Investment climbed 4.8 percent year on year in communications equipment, computer and other electric-facility manufacturing in the first five months. Investment rose 4.4 percent year on year in traffic-equipment manufacturing in the first five months. 

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Editor:Kong Defang,Gao Yinan)

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