FDI increases 2.2% in first half
August 18, 2014 Category Foreign investment, Weekly
Foreign investment amounted to USD14.4 billion in June – up 0.2% from a year earlier, compared to a 6.7% drop in May. In the first half, foreign investment expanded 2.2% to USD63.3 billion with 10,972 new foreign ventures established on the Chinese mainland. Foreign investment flowing into China’s service sector gained 14.8% to USD35.2 billion in the first six months, accounting for 56% of the total figure. The manufacturing sector attracted USD22.8 billion, down 13.9% on an annual basis, accounting for 36% of the total. Investment from the United Kingdom surged 76.4% in the January-June period, while that from South Korea jumped 45.6%. However, funds from the United States fell 4.6% while the European Union’s investment dropped 11.2%.
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