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China's investment grow steadily from January to November


12-15-2016 16:47 BJT

Fresh data from the Ministry of Commerce on China's investments from January to November.

The ministry says Chinese domestic shareholders invested in around 75-hundred overseas enterprises, with investments totalling more than 160-billion US dollars. The trend shows that the merger and acquisition deals covered a wide range of sectors.

The manufacturing sector attracted the largest number of investments. Inbound investments to China continued to grow steadily during the period.

The ministry says the number of new foreign-invested enterprises exceeded 24-thousand in the first 11 month of this year with an annual growth rate of 3 percent.

Foreign investment in China reached more than 110-billion US dollars during the period, with an annual growth rate of nearly 4 percent.

Investments in computer appliance services and manufacturing also saw considerable increases. In addition, investment from the US and the EU has continued to increase.

"From January to November, the investments from the United States and the EU increased by 55% and nearly 45% respectively on a year-by-year basis. Among the 28 countries of the EU, we have seen a considerable increase in investments from the UK, Germany, Luxembourg, and Switzerland. "said Sun Jiwen,spokesman of China's Ministry of Commerce.

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