Robust foreign capital flows offer hopes of sustained economic growth
Foreign capital flows into China continued to remain on a strong perch and rose 9 percent year-on-year to 584.74 billion yuan ($92.5 billion) during the first nine months of this year, government data showed on Monday.
The figures indicate that the growth momentum seen during the first six months of the year has continued in the second half also, the Ministry of Commerce said.
According to industry experts, the growth in foreign direct investment assumes significance considering that it comes against the backdrop of some foreign companies moving, or planning to move facilities outside of China due to rising labor and operating costs. It also indicates that investors are confident about sustained growth prospects in the world's second-largest economy and the foreign investment restructuring.