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  HOME | Business & Economy (Click here for more)

Foreign Direct Investment in China Grew 17.3% in September

BEIJING – Foreign direct investment in China climbed to 70.63 billion yuan ($10.7 billion) in the month of September, a 17.3 percent increase with respect to the same month in 2016, the Ministry of Commerce said on Friday.

The increase shows a rapid acceleration of 8.2 percentage points with respect to the growth recorded in August, when the year-on-year increase was 9.1 percent.

Between January-September, foreign investment in the world’s second largest economy rose to $93 billion, a year-on-year increase of 1.6 percent which made up for the January-August period, when a year-on-year decrease of 0.2 percent was recorded.

China’s volume of foreign trade in the first nine months of the year also rose to $3.07 trillion.

 

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