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Foreign capital actual use soars to 98.7b yuan

Updated: Dec 15, 2020 By Zhong Nan chinadaily.com.cn Print
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China's 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 year-on-year to 899.38 billion yuan between January and November. In dollar terms it increased by 4.1 percent to $129.47 billion.

The country's service sector attracted 704.46 billion yuan of FDI during the 11-month period, jumping 16.1 percent on a yearly basis, accounting for 78.3 percent of the country's total use of foreign capital.

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