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China 2018 FDI up 0.9 percent in yuan terms: commerce ministry

Reuters  |  BEIJING 

(Reuters) - (FDI) into rose 0.9 percent last year to 885.61 billion yuan ($130.93 billion), the said on Monday.

In December, FDI into rose 24.9 percent year-on-year to 92.34 billion yuan, the commerce ministry said.

In the whole of 2018, into from the increased 7.7 percent from a year earlier, the ministry added.

Over the weekend, published the transcript of an interview in which said FDI into China increased 3 percent in dollar-terms in 2018.

Zhong said China will reduce restrictions on foreign investments and address difficulties facing foreign firms investing in the country.

($1 = 6.7640 Chinese yuan)

(Reporting by Monitoring Desk; Editing by Richard Borsuk)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, January 14 2019. 14:35 IST