Yao Jian, a spokesperson for the Ministry of Commerce, revealed at a regular press conference held on the 15th that the actual use of foreign investment (FDI) in China continued to continue its positive growth trend since August. Exports are expected to turn "positive" in the fourth quarter of the year.
In September, the actual use of foreign investment in China was US$7.899 billion, an increase of 18.93% year-on-year. In the same period, 2,217 foreign-invested enterprises were newly approved in the country, an increase of 10.63% year-on-year. In August, the actual use of foreign investment in China increased by 7% year-on-year, which was the first year of positive growth since October last year.
In the first three quarters, 16,348 foreign-invested enterprises were newly approved, down 21.41% year-on-year; the actual use of foreign investment was US$63.766 billion, down 14.26% year-on-year.
Yao Jian also said that with the steady improvement of various policies and measures and the stabilization of the international market, China's import and export scale has expanded month by month, and the decline has narrowed. It is expected that the decline of China's imports and exports in the fourth quarter is expected to further narrow, and exports are expected to be further In the fourth quarter, the monthly single-month turn was “positiveâ€, and the export scale in the next few months may be near the same level as the same period last year.
In September, the actual use of foreign investment in China was US$7.899 billion, an increase of 18.93% year-on-year. In the same period, 2,217 foreign-invested enterprises were newly approved in the country, an increase of 10.63% year-on-year. In August, the actual use of foreign investment in China increased by 7% year-on-year, which was the first year of positive growth since October last year.
In the first three quarters, 16,348 foreign-invested enterprises were newly approved, down 21.41% year-on-year; the actual use of foreign investment was US$63.766 billion, down 14.26% year-on-year.
Yao Jian also said that with the steady improvement of various policies and measures and the stabilization of the international market, China's import and export scale has expanded month by month, and the decline has narrowed. It is expected that the decline of China's imports and exports in the fourth quarter is expected to further narrow, and exports are expected to be further In the fourth quarter, the monthly single-month turn was “positiveâ€, and the export scale in the next few months may be near the same level as the same period last year.
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