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China FDI Sees Nineth Consecutive Rise in Oct.

11-19 15:35 Caijing
China drew $8.42billion in foreign direct investment (FDI) in October, up 1.24 percent from a year ago, the ninth consecutive monthly rise seen this year

China drew $8.42billion in foreign direct investment (FDI) in October, up 1.24 percent from a year ago, the nineth consecutive monthly rise seen this year, the Commerce Ministry said on Tuesday.

For the first ten months, China attracted $97.03billion in FDI, up 5.77 percent from the same period of 2012, the ministry said. 

Direct investment from Europe continues to grow with strong momentum, with 28 European countries invested $6.40billion in the Jan-Oct period, up 22. 26 percent on a yearly basis.
 
Ten Asian countries/regions, including HK, Macau, Taiwan, Japan, Philippines, Thailand, Malaysia, Singapore, Indonesia and South Korea together recorded $83.63billion in direct investment in Chinese mainland, representing a year-on-year growth of 7.18 percent.  
 
FDI from the U.S. jumped by 7.18 percent in the first ten months from a year ago.

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