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China receives $7.9b FDI in September

(Xinhua)
Updated: 2009-10-15 11:21

China received $7.9 billion of foreign direct investment (FDI) in September, up 18.9 percent from the same month last year, the Ministry of Commerce announced on Thursday.
 
It is the second time this year that FDI has risen year-on-year. In August, China received $7.5 billion of FDI, up 7 percent from a year earlier.
 

Special Coverage: China Biz & Economic Statistics Related readings: China attracts $853b FDI in three decades  China sees first hike in FDI in 11 months

FDI in the first nine months shrank 14.26 percent from the same period last year to $63.77 billion, said the ministry.

The government approved foreign investment in 2,217 new companies in September, up 10.63 percent from a year earlier, bring the total for the first three quarters to 16,348, down 21.41 percent from the same period last year.