China's FDI continues to grow in first 10 months

Time:2018-11-16 09:52:03      Source: xinhuanet.com
 
Foreign direct investment (FDI) into the Chinese mainland continued stable growth in the first 10 months of this year thanks to robust manufacturing and high-tech investment.
 
China's FDI rose 3.3 percent year on year to 701.16 billion yuan (about 107.7 billion U.S. dollars) in the January-October period, the Ministry of Commerce said Thursday in a statement.
 
The number of new overseas-funded companies jumped 89.3 percent from a year earlier to 49,545.
 
Some 220 billion yuan of foreign investment went to the manufacturing sector, up 12.4 percent from a year ago, while funds pumped into high-tech sectors climbed 11.4 percent, accounting for 22.4 percent of the total FDI.
 
Investment from the UK surged 175.9 percent, the fastest among China's major investment sources, while investment from countries along the Belt and Road routes saw stable growth of 11.9 percent.
 
The country's pilot free trade zones saw FDI inflow advance 10.5 percent and account for 12.5 percent of the total FDI.
 
Thursday's data also showed China's non-financial outbound direct investment rose 3.8 percent to 89.57 billion U.S. dollars, with the bulk going to sectors including business services, manufacturing and retail sales.
 
Countries along the Belt and Road routes remained attractive destinations, with investment from China up 6.4 percent.
 
Index RMB/t DoD Basis Date
Datong 5500 450 0 ex-mine 06-13
Shuozhou 5200 435 0 FOR 06-13
Ordos 5500 415 0 ex-mine 06-13
Yulin 6200 535 0 ex-mine 06-13
Liulin Low-sulphur 570 0 ex-mine 06-13
Gujiao Low-sulphur 1095 0 FOR 06-13
Xingtai Low-sulphur 1210 0 ex-Factory 06-13
Yangquan PCI 770 0 FOR 06-13
Index RMB/t WoW WoW% Date
Qinhuangdao 620.0 -38.0 -5.78 06-12
Caofeidian 528.0 -39.0 -6.88 06-12
Huanghua 178.3 -12.0 -6.31 06-12
Guangzhou 290.0 13.0 4.69 06-12
coastal 6PPs 1629.8 44.7 2.82 07-02
North Ports 2697.8 53.0 2.00 02-01
Yangtze River delta 1242.5 -74.7 -5.67 02-01
South Ports 2233.4 -216.0 -8.82 02-01
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