By IANS,
Beijing : China used $9.997 billion of foreign direct investment (FDI) in January, down 0.3 percent year-on-year, the Ministry of Commerce (MOC) said Thursday.
Shen Danyang, spokesperson for the MOC, said at a news briefing Thursday that FDI in the country’s cropping and livestock sectors rose significantly in January while that in both the manufacturing and service sectors dropped on a yearly basis.
Investment from the US and other Asian countries and regions increased while that from the European Union fell, reported Xinhua.
The central and western regions registered a faster growth of FDI compared to the eastern region.
In January, the nation approved the establishment of 1,402 foreign-invested companies, down 37 percent year-on-year, said Shen.