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High-end sectors attracting more investment

Reporter: Xu Zhen 丨 CCTV.com

11-18-2016 00:39 BJT

Foreign director investment into China rose grew 4.2 percent in the first ten months of this year. That's according to the Ministry of Commerce.

The ministry says more investments are going into higher end sectors. FDI reached 666.3 billion yuan from January to October. That's while non-financial outbound direct investment rose 53.3 percent to 961.9 billion yuan from the same period a year earlier.

Data on sub-categories suggests that high end sectors are attracting more investment. FDI into the high tech services sector rose more than 90 percent year on year during the period.

That came as investments from the US and the European Union rose 80 percent and 41 percent respectively.

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