Foreign capital actual use soars to 98.7b yuan

2020-12-15 22:25:12

Visitors examine an electric vehicle chassis at Volkswagen Anhui on Tuesday in Hefei Anhui province. [Photo by Li] Chinas actual use of foreign capital soared 5.5 percent on a yearly basis to 98.7 billion yuan 14.38 billion in November this year marking the eighth consecutive month for the country to witness positive growth in foreign direct investment according to data released by the Ministry of Commerce.FDI in China grew by 6.3 percent yearonyear to 899.38 billion yuan between January and November. In dollar terms it increased by 4.1 percent to 129.47 billion.The countrys service sector attracted 704.46 billion yuan of FDI during the 11month period jumping 16.1 percent on a yearly basis accounting for 78.3 percent of the countrys total use of foreign capital.