WorldForeign direct investments in China increased by 19.6 percent in 9 months

Foreign direct investments in China increased by 19.6 percent in 9 months


Foreign direct investments in China increased by 19.6 percent in the 9 months of the year compared to the same period of the previous year.

According to data from the Chinese Ministry of Commerce, foreign direct investments in the country increased by 19.6 percent on an annual basis in the January-September period, reaching 859 billion 510 million yuan (approximately 134.7 billion dollars).

During this period, foreign investments in the service sector increased by 22.5 percent, while the growth in the high technology industry was 29.1 percent.

Foreign capital used increased by 25.2 percent in dollar terms.

Analysts evaluated the increase in direct investments as a new sign of the recovery of the Chinese economy after the new type of coronavirus (Covid-19) epidemic.

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