In this undated photo, an employee assembles a wire harness at the workshop of Draexlmaier (Anshan) Wire Harness System Co in Anshan, Liaoning province. The plant is one of the five in China operated by Germany-based Draexlmaier Group. (YAO JIANFENG / XINHUA)
BEIJING – Foreign direct investment (FDI) into the Chinese mainland, in actual use, expanded 9.9 percent year on year to nearly 1.16 trillion yuan in the first 11 months of the year, the Ministry of Commerce said Friday.
In US dollar terms, the inflow went up 12.2 percent year on year to $178.08 billion.
The service industry saw FDI inflow increase by 0.9 percent year on year to 842.61 billion yuan, while that of high-tech industries jumped by 31.1 percent from a year earlier, data from the ministry showed.
24.6 percent in the western region and 7.7 percent in the eastern region.
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Specifically, FDI in high-tech manufacturing surged 58.8 percent from the same period a year ago, while that in the high-tech service sector rose 23.5 percent year on year.
During the period, investment from the Republic of Korea, Germany, Britain and Japan climbed by 122.1 percent, 52.6 percent, 33.1 percent, and 26.6 percent, respectively.
FDI flowing into the country's central region reported a year-on-year increase of 28.6 percent, followed by
ODI up 7.4 pct
China's non-financial outbound direct investment (ODI) reached 687.86 billion yuan in the first 11 months of the year, up 7.4 percent year on year, official data showed Friday.
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In US dollar terms, the ODI rose 3.6 percent to $102.66 billion, according to the Ministry of Commerce.