Foreign Direct Investment In China Fell By 29.1 Percent In Six Months
Date
7/30/2024 3:13:50 PM
(MENAFN- AzerNews)
By Alimat Aliyeva
In January-June, the volume of foreign direct investment in the
economy of mainland China decreased by 29.1 percent to 498.91
billion yuan (68.7 billion dollars) compared to the same period
last year, Azernews reports.
According to the information, 12.8 percent of all foreign
investments were directed to high-tech industries. In addition,
foreign investment in the medical equipment and professional
technical services sector increased by 87.5 percent and 43.4
percent, respectively, compared to the same period last year.
Germany (18.1 percent) and Singapore (10.5 percent) have the
largest share of foreign direct investment in China.
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