China's actual use of foreign direct investment (FDI) reached
47.2 billion U.S. dollars in the first nine months, up 10.87
percent year-on-year, the Ministry of Commerce announced on
Friday.
The country approved the establishment of 28,206 foreign-funded
companies in the same period, down 6.05 percent from a year
earlier.
In September alone, China actually used 5.27 billion dollars in
FDI, down 2.36 percent, and approved the establishment of 3,358
foreign-funded companies, down 11.49 percent.
The top ten sources of FDI to the Chinese mainland are Hong
Kong, British Virgin Islands, the Republic of Korea, Japan,
Singapore, the United States, Cayman Islands, Samoa, Taiwan and
Mauritius.
The top ten investors accounted for 86.73 percent of the total
FDI in the nine months. Among them, the United States recorded a
decrease of 16.41 percent in the number of enterprises it
established in China, and a drop of 2.88 percent in FDI.
(Xinhua News Agency October 13, 2007)
