FDI growth underlines a strong foreign interest
By Ding Qingfen | China Daily | Updated: 2011-09-16 08:00
BEIJING - China's foreign direct investment (FDI) in August continued its double-digit growth, rising 11 percent from a year earlier to $8.4 billion and underscoring foreign companies' interest in the world's second largest economy.
"China's attractiveness as a destination for foreign investment is still strong, and continues to be," said Wang Zhile, director of the research center for transnational corporations under the Ministry of Commerce.
"The huge consumption market, improving foreign investment environment and competitiveness of local workers will continually drive inflows of foreign investment into China," he added.
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