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China's FDI falls 35.7% in July

(Xinhua)
Updated: 2009-08-17 15:08

China received $5.36 billion of foreign direct investment (FDI) in July, down 35.7 percent year-on-year, said Ministry of Commerce spokesman Yao Jian on Monday.

Special Coverage: China Biz & Economic Statistics Related readings:  On China's rapid growth in outward FDI  China's used FDI down 17.9% in H1  FDI is still flowing despite downturn  Smaller contraction in June FDI positive for economy  Outbound investment unlikely to outstrip FDI

China's total export-import volume between January and July decreased by 22.7 percent year-on-year to $1146.71 billion. Imports and exports volume for July amounted to $200 billion, illustrating the falling off in foreign trade, Yao said.

The amount of direct Taiwanese investment in the Chinese mainland totalled $1 billion in the first half of the year, down 14.94 percent year-on-year, and the trade volume between the two shrank 35.1 percent to $52.53 billion in the same period, he said.