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FDI in high-end service sector doubles in four months

SOURCE:DOINGBUSINESSINCHINA.ORG   TIME:2016-05-20

 

 
FDI in high-end service sector doubles in four months 


China's service sector that involves high-end technology attracted total foreign direct investment of $5.13 billion in the first four months of this year, more than doubling the amount of the same period of last year, the Ministry of Commerce said on Tuesday.

The total value of the FDI in the first four months stood at $45.3 billion, up by 4.8 percent year-on-year. In April alone, the country attracted foreign direct investment of $9.89 billion, up by 6 percent year-on-year, according to the Ministry.

Meanwhile, China's outbound direct investment stood at $60.08 billion in the first four months of this year, up by 71.8 percent from the same period of last year.

China's investment to the North America surged by 226 percent year-on-year while the investment to the European Union decreased by 44.8 percent from the same period of last year, according to the Ministry.



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