China’s foreign direct investment in first half of 2015 rises 8.3pc to US$68.4b
New Commerce Ministry figures show the mainland's FDI growth slowed from the previous year-to-date rate of 10.5 per cent reported last month
China drew US$68.4 billion in foreign direct investment (FDI) for the January- June period – up 8.3 per cent from a year earlier, the Commerce Ministry reported on Tuesday.
That shows FDI growth slowed from the previous year-to-date rate of 10.5 per cent reported last month.
The figures do not match year-to-date figures released on the central government’s website on July 17, which quoted Vice Minister of Commerce Wang Shouwen as saying that January-June FDI rose 8.0 per cent.
The ministry said on Tuesday that FDI in June rose 0.7 per cent compared with the same period last year to US$14.6 billion.
It also said year-to-date manufacturing FDI fell 8.4 per cent year-on-year to US$20.9 billion.
Investment into China’s fast-growing services sector jumped 23.0 per cent in the first half of 2015 from a year earlier, according to the data released on Friday.
FDI inflows into China rose an annual 1.7 per cent in 2014 to US$119.6 billion in dollar-denominated terms.
