China's actual use of overseas capital up 35 pct in past ten months
12/11/2008 16:53
China's actually utilized overseas capital rose 35.06 percent to US$81.1
billion in the past ten months, said the Ministry of Commerce today.
From
Jan. to Oct., the country approved the establishment of 22,736 overseas-funded
companies. That's a drop of 26.24 percent from the same period last year.
In
October alone, the country used US$6.722 billion of overseas capital, down 2.02
percent from a year earlier. A total of 1,935 overseas-funded firms were set up,
down 26.15 percent.
China's top 10 sources of overseas investment, including
Hong Kong and the United States, accounted for 87.45 percent of the overseas
capital the country actually used during the past ten months.
Xinhua
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