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Source from : MOFTEC News

Date: 13/APR/2000

Foreign direct investment in China increased in the first quarter
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Ma Xiuhong, Assistant Minister of Foreign Trade and Economic Cooperation, said that a total of 4,316 foreign-funded enterprises were authorized during the first quarter, rising 22.5 percent from the same period last year.

The first three months this year saw significant increase in foreign direct investment in China. Total contractual foreign investment reached 11.08 billion U.S. dollars, up 27 percent year-on-year, with paid-in foreign capital dropping 2.72 percent to 7.14 billion U.S. dollars.

In March alone, the three indices, including the number of foreign-funded enterprises authorized, contractual foreign investment and paid-in foreign capital, registered significant increase rates of 43.16 percent, 50.37 percent and 10.28 percent from a year earlier, respectively.





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