Foreign direct investment (FDI) into China rose 0.9 percent last year to 885.61 billion yuan
Foreign direct investment (FDI) into China rose 0.9 percent last year to 885.61 billion yuan ($130.93 billion), the Ministry of Commerce said on Monday.
In December, FDI into China rose 24.9 percent year-on-year to 92.34 billion yuan, the commerce ministry said.
In the whole of 2018, foreign direct investment into China from the United States increased 7.7 percent from a year earlier, the ministry added.
Over the weekend, state media published the transcript of an interview in which Commerce Minister Zhong Shan said FDI into China increased 3 percent in dollar-terms in 2018.
Zhong said China will reduce restrictions on foreign investments and address difficulties facing foreign firms investing in the country. ($1 = 6.7640 Chinese yuan)
#China
#investment
#yuan
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