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Net FDI in China Falls Two Percent

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TAIPEI- Based on statistics from the Chinese Ministry of Commerce, the Hong Kong Business Daily reported that during the first ten months of this year, the total foreign investment in China was US$48.4 billion. The investment rate decreased 2.12% compared to the same period last year, with an accelerating rate of decline during the last month.

It was also reported that 35,300 new foreign investment enterprises registered during that time, which was an increase of 0.48% over the same period last year.

During that time, the committed foreign investment totaled US$145.08 billion, an increase of 22.53% over last year; the rate is higher than the first nine months of the year.

However, the statistics indicated a 2.12% decline in net investment, with an accelerating rate of decline during the time period.

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