FDI expected to maintain steady growth
April 25, 2016 Category Foreign investment, Weekly
Foreign direct investment (FDI) in China is expected to maintain steady growth this year due to robust inflows in western regions, according to the Ministry of Commerce (MOFCOM). “It may not increase very fast but will maintain the growth momentum seen last year and in the first quarter of this year,” said Ministry Spokesman Shen Danyang. Investment in western regions rose 42.5% year-on-year to CNY21.3 billion, a higher growth than the national average. For China as a whole, FDI in the first three months rose 4.5% from a year earlier to CNY224.2 billion, while the figure for March alone was 7.8%. Foreign direct investment in the form of M&As increased by 32.6% year-on-year in the quarter to USD7.8 billion, or 22.7% of the total figure, up from 17.9% a year earlier, he said. The total number of foreign-invested M&A deals in 2015 rose 14.4% year-on-year to 1,466, with realized investment soaring 137% to USD17.8 billion.
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