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China's FDI inflow surges 25.1% in September

Updated: Oct 16,2020 08:23 PM    Xinhua

BEIJING — Foreign direct investment (FDI) into the Chinese mainland, in actual use, expanded 25.1 percent year-on-year to 99.03 billion yuan (about $14.25 billion) in September, the Ministry of Commerce said on Oct 16.

This marked the sixth consecutive month for the country to witness positive growth in FDI.

In the first nine months, FDI inflow went up 5.2 percent year-on-year to 718.81 billion yuan, the first increase in both yuan and dollar terms since the beginning of this year, the ministry said.

Foreign investment in the service industry came in at 559.68 billion yuan, up 15 percent year-on-year during the January-September period, while that in the high-tech service sector increased 26.4 percent.

Investment from the Netherlands surged 150 percent, while that from Britain rose 32.8 percent, the data showed.

Building on the effective containment of the COVID-19 epidemic, China has rigorously rolled out a string of measures to stabilize foreign trade and investment.

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