A panoramic view of the Pudong New Area, where China (Shanghai) Pilot Free Trade Zone is located. (PHOTO PROVIDED TO CHINA DAILY)
BEIJING - Foreign direct investment (FDI) in the Chinese mainland in actual use stood at 1.04 trillion yuan (about $146.45 billion) in the first 11 months of the year, down 10 percent year-on-year, the Ministry of Commerce said Thursday.
During the period, 48,078 new foreign-invested firms were set up across the country, up 36.2 percent year-on-year, said the ministry.
FDI in the high-tech manufacturing sector rose 1.8 percent year-on-year, while that in the medical equipment and communication equipment manufacturing sectors grew 27.6 percent and 5.5 percent, respectively.
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During the period, FDI from the United Kingdom, France, and Netherlands surged by 93.9 percent, 93.2 percent and 34.1 percent, respectively, data from the ministry shows.