1. Text: | Print|

      China's August FDI growth slows

      2013-09-17 11:09 Xinhua Web Editor: qindexing
      1

      China attracted 8.38 billion U.S. dollars in Foreign Direct Investment (FDI) in August, up 0.62 percent year on year, data from the Ministry of Commerce (MOC) showed Tuesday.

      The increase was down sharply from a 24.13 percent jump in July and 20.12 percent growth in June, but higher than May's growth rate of 0.29 percent.

      In the first eight months, the country's FDI inflow totaled 79.77 billion U.S. dollars, up 6.37 percent from the same period last year, the ministry said at a press conference.

      The data does not cover incoming investments in banking, securities and insurance sectors.

      MOC spokesman Shen Danyang attributed the subdued growth rate to a higher comparative base in August 2012, when the monthly FDI inflow rose considerably from July 2012.

      "China has seen FDI year-on-year growth for seven straight months since February, which demonstrated the competitiveness of the Chinese economy and foreign investors' recognition of the business environment in China," Shen said.

      The FDI growth will remain relatively stable in the next few months and this year's total FDI inflows can be expected to exceed the 2012 level, Shen said, adding that China emphasizes more the quality and structure of foreign investment than the growth figures.

      From January to August, China approved the establishment of 14,480 foreign-invested enterprises, down 8.22 percent from a year earlier.

      The service sector saw a steady increase of FDI inflows in the first eight months, up 13.5 percent year on year and accounting for 49.84 percent of the total FDI inflows during the period.

      Foreign investment in the manufacturing sector fell 3.27 percent, taking a 40.9-percent share of the FDI inflows, Shen said.

      Direct investment from the United States and the European Union jumped 18.04 percent and 4.27 percent, respectively, to 2.50 billion U.S. dollars and 5.44 billion U.S. dollars in January-August.

      Meanwhile, Chinese investment in overseas non-financial sectors rose 18.5 percent year on year to 56.5 billion U.S. dollars in the first eight months, the ministry also said.

      The MOC data follows the recent release of a series of economic barometers that pointed to a firming Chinese economy.

      China's electricity consumption, a common indicator of economic activity, rose 13.7 percent year on year in August, marking its fastest growth since March 2012, the National Energy Administration said on Saturday.

      Customs data also indicated that exports and imports have further recovered due to a stable yuan and increasing external demand. Trade surplus widened by 8.4 percent year on year to 28.52 billion U.S. dollars in August, the highest since January this year.

      "The macroeconomic situation in the past few months showed that the country's economy is developing in a positive trend," Shen said, adding that the trend will not be affected by short-term difficulties in some countries or the so-called financial crisis in some emerging markets. 

      Comments (0)
      Most popular in 24h
        Archived Content
      Media partners:

      Copyright ©1999-2018 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.

      主站蜘蛛池模板: 在线看片无码永久免费aⅴ| 免费的涩涩视频在线播放| 免费大黄网站在线看| 亚洲码欧美码一区二区三区| 亚洲天堂2017无码中文| 无码一区二区三区免费| 免费可以在线看A∨网站| 亚洲制服丝袜精品久久| 一级毛片a免费播放王色电影| 免费精品国产自产拍观看| 亚洲一区二区电影| 美女内射无套日韩免费播放 | 日韩免费在线观看| 亚洲爆乳大丰满无码专区| 狠狠久久永久免费观看| 成人亚洲国产精品久久| vvvv99日韩精品亚洲| a一级爱做片免费| 亚洲成色www久久网站夜月| 另类免费视频一区二区在线观看| 啦啦啦高清视频在线观看免费 | 最好免费观看高清在线| 精品少妇人妻AV免费久久洗澡| 亚洲av无码av在线播放| 国产成人精品久久亚洲| www.亚洲日本| 日本a级片免费看| jizz免费观看视频| 亚洲人成影院在线| 成人午夜视频免费| 亚洲视频免费观看| 免费在线看黄的网站| 亚洲精品在线免费观看视频| 我要看免费的毛片| 夜夜爽妓女8888视频免费观看| 国产亚洲福利精品一区| 三级黄色免费观看| 亚洲日韩国产一区二区三区| 亚洲午夜免费视频| 爱情岛亚洲论坛在线观看 | 国产午夜不卡AV免费|