You are here

China Jan-Aug FDI rises 9.2% y/y, up 22% in Aug: ministry

CHINAYUAN.jpg
China plans to invest about 200 billion yuan (S$43.96 billion) in unspent fiscal funds as soon as possible, an official from the state planner said, adding it was not accurate that authorities had seized untapped local government allocations totalling one trillion yuan.

[BEIJING] China attracted 525.3 billion yuan or US$85.3 billion in foreign direct investment (FDI) in the first eight months of 2015, up 9.2 percent from a year earlier, the Commerce Ministry said on Thursday.

FDI inflows in August rose 22 percent from a year earlier to 54.2 billion yuan or US$8.71 billion, the ministry said in a statement on its website.

REUTERS