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US$4.1 Bln of Foreign Investment Utilized

China actually utilized about 4.1 billion US dollars of foreign direct investment (FDI) in January of 2005, a year-on-year rise of 10.72 percent, official statistics from Ministry of Commerce showed Saturday.

 

According to the statistics from the ministry, the contractual FDI in the first month hit 12.84 billion US dollars, a rise of 27.69 percent over the same period of last year.

 

In the same period, 3,563 new foreign-funded enterprises were clinched in China, up 22.27 percent.

 

By the end of January, 2005, 512,504 foreign-funded enterprises have been established in China. China's contractual FDI totaled 1,109.4 billion US dollars, with 566.2 billion US dollars in actual use.

 

(Xinhua News Agency February 19, 2005)

 

Overseas Investment on the Up
FDI Climbs 13% to US$60.6b
Foreign Investment Firms to Have Wider Access
Actual Foreign Investment Hits US$57b
Stable Rise in Foreign Investment Expected
Nation's Investment Growth in High Gear
Foreign Investors to Enjoy A Bigger Share of China Market
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