Foreign Direct Investment in China Up 20.7%

Aug. 17, 2010
Foreign companies pumped $58.4 billion into China in the January-July period

In the first seven months of 2010, foreign direct investment in China rose 20.7%, the government said on August 17.

Foreign companies pumped $58.4 billion into China in the January-July period, commerce ministry spokesman Yao Jian said.

That marked an acceleration from the 19.6% growth logged in the first half of the year, and the 14.3%t growth from January to May.

In July alone, foreign direct investment totaled $6.9 billion, a jump of 29.2% over the same month in 2009, Yao said.

But Royal Bank of Scotland analyst Ben Simpfendorfer cautioned: "There's not a lot of transparency in what the figures do and don't include."

The data includes investment by overseas companies in industries such as manufacturing, real estate and agriculture but excludes money put into banks and other financial institutions.

Copyright Agence France-Presse, 2010

Popular Sponsored Recommendations

Powering Up Productivity: The Transformative Power of AP Automation in Manufacturing

Oct. 25, 2023
Discover how AP Automation is revolutionizing the manufacturing industry, driving efficiency, cost savings, and security. In today's world, automation is the key to staying competitive...

Navigating Disruption: A Leader’s Guide to Strategy Under Uncertainty

Nov. 1, 2023
AI, sustainability, digital--industrials are facing disruptive forces that are redefining what it takes to win. What got your company where it is today won’t get you where you...

How Manufacturers Can Optimize Operations with Weather Intelligence

Nov. 2, 2023
The bad news? Severe weather has emerged as one of the biggest threats to continuity and safety in manufacturing. The good news? The intelligence solutions that build weather ...

Discrete and Process Manufacturing 2024 Trends and Outlook for North America

Oct. 29, 2023
Manufacturers are reaping the benefits of automation and cloud-based solutions. Discover what is driving today's industry trends and how they can shape your growth priorities ...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!