chinas foreign direct investment jumps 97 in june
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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China's foreign direct investment jumps 9.7% in June

Arab Today, arab today

Arab Today, arab today China's foreign direct investment jumps 9.7% in June

China's foreign direct investment jumps 9.7% in June
Beijing - QNA

Foreign direct investment (FDI) into the Chinese mainland rose 9.7 % year on year to 15.23 billion U.S. dollars in June, the Chinese Ministry of Commerce said. 
This compared with a 1% decline registered in May. 
In the first half of 2016, FDI, which excludes investment in the financial sector, rose 5.1 % year on year to 69.42 billion dollars, with the growth rate accelerating from 3.8 % registered in the first five months, the ministry said. 
The service sector attracted 48.94 billion dollars of FDI in H1, 8 % more than in the same period of last year and representing 70.4 % of the total. 
FDI into the manufacturing sector declined 2.8 % during the same period to 19.53 billion dollars, accounting for 28.3 % of the total. 
Among China's major investors, FDI from the United States soared 136 % year on year in the first half, while that from Britain rose 105.3%

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