This article is from the source 'rtcom' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at https://www.rt.com/business/529155-china-fdi-increase-investment/
The article has changed 3 times. There is an RSS feed of changes available.
Version 0 | Version 1 |
---|---|
Foreign direct investment in China soars by nearly 34% this year | Foreign direct investment in China soars by nearly 34% this year |
(about 2 months later) | |
The Chinese economy attracted over 607 billion yuan ($91 billion) in foreign direct investment (FDI), in the first half of 2021, which is a 33.9% increase year on year, the country’s Ministry of Commerce said on Wednesday. | The Chinese economy attracted over 607 billion yuan ($91 billion) in foreign direct investment (FDI), in the first half of 2021, which is a 33.9% increase year on year, the country’s Ministry of Commerce said on Wednesday. |
According to its report, the Chinese service sector drew in the largest amount of foreign capital – some 482.77 billion yuan ($74.61 billion) – soaring 33.4% year on year. | According to its report, the Chinese service sector drew in the largest amount of foreign capital – some 482.77 billion yuan ($74.61 billion) – soaring 33.4% year on year. |
The high-tech industry also saw a significant increase in foreign investment – by 39.4%. High-tech services attracted 42.7% more investments than in 2020, while the high-tech manufacturing industry’s appeal rose by 29.2%. | The high-tech industry also saw a significant increase in foreign investment – by 39.4%. High-tech services attracted 42.7% more investments than in 2020, while the high-tech manufacturing industry’s appeal rose by 29.2%. |
The document states that the volume of FDI coming from China’s key partners in the Belt and Road Initiative increased by 49.6%, while the intake from the Association of Southeast Asian Nations was up by 50.7%. | The document states that the volume of FDI coming from China’s key partners in the Belt and Road Initiative increased by 49.6%, while the intake from the Association of Southeast Asian Nations was up by 50.7%. |
The country’s cooperation with European countries yielded less, but still showed an increase of 10.3% year on year. | The country’s cooperation with European countries yielded less, but still showed an increase of 10.3% year on year. |
At the end of 2020, China attracted a total of $144.37 billion in foreign direct investments – 4.5% more than in 2019. | At the end of 2020, China attracted a total of $144.37 billion in foreign direct investments – 4.5% more than in 2019. |
For more stories on economy & finance visit RT's business section | For more stories on economy & finance visit RT's business section |
Dear readers and commenters, | |
We have implemented a new engine for our comment section. We hope the transition goes smoothly for all of you. Unfortunately, the comments made before the change have been lost due to a technical problem. We are working on restoring them, and hoping to see you fill up the comment section with new ones. You should still be able to log in to comment using your social-media profiles, but if you signed up under an RT profile before, you are invited to create a new profile with the new commenting system. | |
Sorry for the inconvenience, and looking forward to your future comments, | |
RT Team. |