Foreign investment sees growth momentum
By Zhong Nan and Ren Xiaojin | China Daily | Updated: 2018-03-16 07:33
Capital inflow into high-tech sector rises 27.9% in first two months of this year
Foreign direct investment into the Chinese mainland from Singapore, South Korea and the United States jumped 62.9 percent, 171.9 percent and 56.8 percent year-on-year respectively in the first two months of 2018, the Ministry of Commerce said on Thursday.
FDI into the Chinese mainland rose 0.5 percent year-on-year to reach 139.4 billion yuan ($22.1 billion) from January to February, while the number of newly-established foreign companies soared to 8,848, leaping 129.2 percent on a year-on-year basis.
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