www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Macro

FDI quickens in July as economy steadies

By Li Jiabao | China Daily | Updated: 2013-08-24 00:11

Gain reflects investors' confidence in China, says Ministry of Commerce

Foreign direct investment in China remained on an upward track for a sixth month in July, adding to evidence of stabilization in the world's second-largest economy.

FDI quickens in July as economy steadies

FDI inflows were up 24.1 percent year-on-year to $9.41 billion in July, the largest expansion since March 2011, according to the Ministry of Commerce.

The figure doesn't include incoming investments in the banking, securities and insurance sectors.

"What's more important, FDI gains in June and July were in line with a pickup in momentum since February, which truly reflected that global investors are confident in China. That's particularly true of the service sector, with its major contribution to the FDI growth," Shen Danyang, ministry spokesman, told a news briefing on Friday in Beijing.

He added that the surges also reflected investors moving large amounts of money into big-ticket projects in June and July, as well as low base amounts last year.

"It's not definite that FDI will keep up this pace in the following months this year," Shen said.

In June, FDI rose 20.1 percent, the fastest rate in more than two years, to just under $14.4 billion.

In the first seven months of this year, FDI inflows totaled about $71.4 billion, up 7.1 percent year-on-year.

Last year, FDI fell for the first time since 2009, declining 3.7 percent to $111.7 billion.

But signs of stabilization have emerged, and they were reinforced on Thursday with the release of the HSBC Purchasing Managers' Index, a gauge of the activity of China's vast manufacturing sector.

The PMI rose to 50.1 in August, a four-month high, from July's final reading of 47.7. A reading above 50 indicates expansion, while one below signals contraction.

Foreign trade rebounded in July, reflecting recent trade facilitation measures and an improvement in the global economy.

China on Thursday approved the Shanghai free-trade zone, which is part of Premier Li Keqiang's drive to open up the economy to sustain growth.

The zone is expected to attract companies from overseas, and some regulations covering foreign investment will be suspended in pilot FTZs, including Shanghai.

"The FDI increase shows that global investors' worries have eased" about China's slowing economic growth in the first half.

"Some investors have robust confidence in the country's economic prospects," said Lian Ping, chief economist at the Bank of Communications Ltd.

In the first seven months of this year, FDI from 10 Asian nations and regions went up 7.7 percent to $61.74 billion, including a 55.2 percent rise from South Korea and a 612.6 percent rise from Thailand.

Meanwhile, investment from the United States increased about 11.4 percent to $2.18 billion in the January-July period, and that from the European Union was up 16.7 percent to $4.64 billion.

The service sector saw a steady increase of FDI inflows in the first seven months, up 15.8 percent year-on-year to $35.64 billion, accounting for 49.9 percent of total FDI inflows during the period.

FDI in China's manufacturing sector declined 2.4 percent year-on-year in the same period, comprising 41.2 percent of the total, according to the ministry.

"The government's move to scrap investment limits in services increased capital flows to the sector, but FDI in the manufacturing sector was not satisfactory, which was probably linked to the government's drive to upgrade industries and shift low-end ones to the central and western regions," Lian said.

FDI growth in 2013 will not be double-digit, Lian said.

However, he said, FDI for the full year will grow more than 5 percent, owing to improved investment policies, the new leadership's reforms and further opening of the services sector.

Huo Jianguo, president of the Chinese Academy of International Trade and Economic Cooperation, a government think tank, said FDI will grow "steadily" in 2013.

"China should enlarge the [list of permitted investments] in the manufacturing sector and bring new capital to high-end and strategic emerging industries, while further opening the service sector," Huo said.

In the first seven months of this year, China's overseas non-financial investment rose 20 percent year-on-year to $50.6 billion, according to the Commerce Ministry.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
主站蜘蛛池模板: 99精品免费| 久久精品免费观看国产软件 | 爱呦视频在线播放网址 | 能看毛片的网址 | 久久国产精品永久免费网站 | 中文字幕在线观看一区二区 | 国产免费高清福利拍拍拍 | 久久99精品久久久久久青青91 | 欧美日韩在线视频一区 | 美女视频网站免费播放视 | 自拍在线| 中文字幕一二三区 | 精品一区二区三区中文字幕 | 欧美日本综合一区二区三区 | 在线精品日韩一区二区三区 | 亚洲精品国产拍拍拍拍拍 | 国产三级国产精品 | 欧美成视频无需播放器 | 免费人成在线观看网站视频 | 91国内精品久久久久影院优播 | aa级毛片| 亚洲精品综合欧美一区二区三区 | 亚洲国产精品一区二区久久 | 最新中文字幕一区二区乱码 | 日本www色视频成人免费网站 | 一级成人a做片免费 | 女人张开腿给男人桶爽免费 | bt天堂午夜国产精品 | 国产成人精品实拍在线 | 在线成人毛片 | 最新最好看免费毛片基地 | 久久精品国产亚洲 | 香蕉在线观看999 | 成年人免费观看网站 | 色综合久久久久久久 | 精品一区二区三区在线观看l | 免费观看呢日本天堂视频 | 欧美成人片在线 | 久 在线播放 | 欧美国产成人一区二区三区 | 欧美做a一级视频免费观看 欧美做爱毛片 |