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BIZCHINA / Center
Jan-Aug foreign investments up 12.79%
By Dai Yan (chinadaily.com.cn)
Updated: 2007-09-13 15:22
Overseas investors set up 24,848 new enterprises in China during the
first eight months of 2007, down 5.26 percent year-on-year, while
investment value rose 12.79 percent from a year earlier to US$41.95
billion.
In the month of August 3,150 foreign ventures nationwide were approved,
down 8.83 percent from a year earlier. Investment value involved totaled
US$5.02 billion, an increase of 11.87 percent compared with the same
period in 2006.
The number of new US-invested enterprises dropped 15.12 percent, while
investment value was up 0.77 percent year-on-year. The European Union
posted a 7.65 percent decrease year-on-year in the number of new
enterprises, and investment value slipped 33.3 percent.
During the first eight months of the year, investment value of the top 10
countries and regions by investment value in China accounted for 86.55
percent of the total nationwide.
Those regions and countries were Hong Kong (US$14.1 billion), the British
Virgin Islands (US$9.91billion), the Republic of Korea (US$2.46 billion),
Japan (US$2.25 billion), Singapore (US$1.64 billion), the United States
(US$1.63 billion), the Cayman Islands (US$1.51 billion), the Samoan
Islands（US$1.12billion), Taiwan Province (US$952 million), and
Mauritius (US$753 million).
(For more biz stories, please visit Industry Updates)
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