Foreign direct investment in China rose 39.9 per cent in the first nine months of the year compared with the same period last year, the government said today.
Foreign companies invested $74.4 billion in the country in the period from January to September, the commerce ministry said in a statement.
The growth rate for the period was slower than the 41.6 per cent increase in the first eight months of the year.
The ministry did not provide a Foreign Direct Investment figure for September alone.
Foreign direct investment is one of the factors driving the rapid growth of China's foreign exchange reserves, which topped 1.8 trillion dollars at the end of June.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app