China-FDI/Growth

Foreign direct investment into Chinese mainland sees steady growth in January-August period

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FILE: China - Exact Location and Date Unknown (CGTN - No access Chinese mainland)
1. Various of city skyline
2. Automobile production line
3. Various of employees working in factory

FILE: Beijing, China - Jan 2016 (CCTV - No access Chinese mainland)
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5. Bundles of U.S. dollar banknotes, Chinese RMB banknotes

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6. Aerial shots of Shanghai Pilot Free Trade Zone

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7. Various of mechanical arms in operation

FILE: Xi'an City, Shaanxi Province, northwest China - Sept 16, 2017 (CCTV - No access Chinese mainland)
8. Workers on production line
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FILE: China - Exact Date and Location Unknown (CCTV - No access Chinese mainland)
10. Various of circuit board being manufactured

FILE: Yiwu City, Zhejiang Province, east China - Date Unknown (CCTV - No access Chinese mainland)
11. Various of containers being transferred
12. Aerial shot of port

Storyline


Foreign direct investment (FDI) into the Chinese mainland saw steady growth in the first eight months of 2018, according to the official data released by Ministry of Commerce (MOC) on Thursday.

FDI inflow rose 2.3 percent year on year to 560.4 billion yuan during the eight-month period. In dollar terms, FDI inflow grew 6.1 percent to 86.5 billion U.S. dollars during the period.

In August alone, FDI inflow went up 1.9 percent year on year to 63.7 billion yuan.

The number of new overseas-funded companies established in the January-August period surged 102.7 percent from a year earlier to 41,331, the MOC data showed.

Investment into high-tech industries rose 6.6 percent year on year and accounted for 21.9 percent of the total FDI, with the high-tech manufacturing sector attracting 56.3 billion yuan in overseas investment, up 29.2 percent.

China's 11 pilot free trade zones saw FDI inflow up 19.3 percent to 70.2 billion yuan, accounting for 12.5 percent of the total FDI.

Investment from major FDI sources maintained high growth in the period, with investment from the United States, Britain, Singapore, South Korea, Japan and China's Macao Special Administrative Region (SAR) rising 23.6 percent, 151.7 percent, 17.2 percent, 56.9 percent, 33.4 percent and 73.1 percent respectively.

The MOC data also showed that investment from countries along the Belt and Road surged 26.3 percent.

China has rolled out a number of measures to significantly broaden market access since the beginning of 2018, a year that marks the 40th anniversary of the country's reform and opening-up policy.

In late June, China unveiled a shortened negative list for foreign investment, which cuts the number of items on the list to 48 from 63 in the previous version and detailed 22 opening-up measures in several sectors.

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  • ID : 8090607
  • Published : 2018-09-14 09:33
  • Last Modified : 2018-09-14 16:03:53
  • Location : Beijing,China
  • Category : economy, business and finance
  • Duration : 1'17
  • Audio Language : Nats/Part Mute
  • Source : China Central Television (CCTV)
  • Restrictions : No access Chinese mainland
  • Version : 1
  • ID : 8090607
  • Published : 2018-09-14 15:38
  • Last Modified : 2018-09-14 16:03:53
  • Location : بكين,الصين
  • Category : economy, business and finance
  • Duration : 1'17
  • Audio Language : الصوت الطبيعي/بلا صوت
  • Source : China Central Television (CCTV),China Global Television Network (CGTN)
  • Restrictions : No access Chinese mainland
  • Version : 1
  • ID : 8090607
  • Published : 2018-09-14 16:02
  • Last Modified : 2018-09-14 16:03:59
  • Location : Beijing,China
  • Category : economy, business and finance
  • Duration : 1'17
  • Audio Language : Nats/Parte Muda
  • Source : China Central Television (CCTV),China Global Television Network (CGTN)
  • Restrictions : No acceso a la parte continental de China
  • Version : 1
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