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China's FDI inflow up by 17.8% in 1st 10 months of 2021

18 Nov '21
1 min read
Pic: Josepalbert13 | Dreamstime.com
Pic: Josepalbert13 | Dreamstime.com
Foreign direct investment (FDI) into the Chinese mainland, in actual use, rose by 17.8 per cent year on year (YoY) to 943.15 billion yuan, or $142.01 billion in the first 10 months of 2021, according to the ministry of commerce, which said during the January-October period, FDI into the service sector increased by 20.3 per cent YoY, while high-tech industries saw FDI inflow jump by 23.7 per cent.

Foreign investments from countries along the Belt and Road as well as the Association of Southeast Asian Nations into the Chinese mainland jumped by 30.7 per cent and 29.5 per cent respectively during the period, an official news agency reported.

ALCHEMPro News Desk (DS)
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