High-tech leads foreign direct investment growth
By Ren Xiaojin and Zhong Nan | China Daily | Updated: 2018-05-29 07:52
Overall rise stable while the medical equipment sector increases fivefold
China's high-tech industry saw growing capital inflows in the first four months of 2018, with a significant increase of foreign direct investment in the country's medical equipment manufacturing sector in particular.
Ministry of Commerce data show national FDI remained stable from January to April, increasing 0.1 percent year-on-year to reach 286.7 billion yuan ($44.92 billion). The number of newly established foreign invested companies soared to 19,002, up 95.4 percent year-on-year.
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