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FDI in China up 18.3 per cent in October
- Foreign direct investment (FDI) into China rose 18.3 per cent in October from a year earlier to 81.87 billion yuan (US$12.4 billion)
- For the January-October period, FDI rose 6.4 per cent from a year earlier to 800.68 billion yuan (US$121.2 billion), quickening from the 5.2 per cent gain in the first three quarters
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Foreign direct investment (FDI) into China rose by 18.3 per cent in October from a year earlier to 81.87 billion yuan (US$12.4 billion), the Chinese commerce ministry said on Monday.
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This marked the seventh consecutive month for positive growth in FDI.
For the January-October period, FDI rose by 6.4 per cent from a year earlier to 800.68 billion yuan (US$121.2 billion), quickening from the 5.2 per cent gain seen in the first three quarters.
Foreign investment in the service industry came in at 625.8 billion yuan during the January-October period, up by 16.2 per cent year on year, while investment in the hi-tech service sector increased by 27.8 per cent.
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