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China May FDI rises 7.8% y-o-y

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China's foreign direct investment in May increased 7.8 per cent to 57.4 billion yuan (S$12.4 billion) from a year earlier, the commerce ministry said on Thursday.

[BEIJING] China's foreign direct investment in May increased 7.8 per cent to 57.4 billion yuan (S$12.4 billion) from a year earlier, the commerce ministry said on Thursday.

The ministry did not provide a growth figure in dollar tems.

In the first five months of the year, FDI grew 10.5 per cent from a year earlier to 331.0 billion yuan.

Non-financial outbound direct investment increased 47.4 per cent to 278.4 billion yuan over the same period.

REUTERS