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China's November FDI down 9.76%

Source:   Time:

BEIJING, Dec. 15 (Xinhua) -- The foreign direct investment (FDI) China attracted in November dropped 9.76 percent year-on-year to 8.76 billion U.S. dollars, the Ministry of Commerce (MOC) said Thursday.

In November, China approved the establishment of 2,718 foreign-invested companies, down 12.91 percent from a year earlier, said ministry spokesman Shen Danyang.

The November figure brought the total FDI in the first 11 months to 103.77 billion U.S. dollars, up 13.15 percent year-on-year.

During the same period, the nation approved the establishment of 25,086 foreign-invested companies, up 3.23 percent year-on-year, said Shen.

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