Xinhua, Beijing :
Foreign direct investment (FDI) into the Chinese mainland rose 4.2 percent year on year to reach 666.3 billion yuan (around 98 billion U.S. dollars) in the first ten months of the year, official data showed Thursday.
The growth rate is unchanged from the January-September period, according to the Ministry of Commerce.
The service industry continued to attract massive foreign investment from January to October, said Tang Wenhong, head of the ministry’s foreign investment division.
FDI in the service sector, which accounted for 70.7 percent of all investment, increased 9.1 percent year on year during the period.
In particular, FDI in high-tech services skyrocketed 90.2 percent from a year earlier to reach 79.18 billion yuan.
Foreign direct investment (FDI) into the Chinese mainland rose 4.2 percent year on year to reach 666.3 billion yuan (around 98 billion U.S. dollars) in the first ten months of the year, official data showed Thursday.
The growth rate is unchanged from the January-September period, according to the Ministry of Commerce.
The service industry continued to attract massive foreign investment from January to October, said Tang Wenhong, head of the ministry’s foreign investment division.
FDI in the service sector, which accounted for 70.7 percent of all investment, increased 9.1 percent year on year during the period.
In particular, FDI in high-tech services skyrocketed 90.2 percent from a year earlier to reach 79.18 billion yuan.
