Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
XIAMEN, Sept. 9 (Xinhua) — China will see 59,000 new foreign-invested enterprises set up in 2024, up 9.9 percent year on year, according to a report released by the Ministry of Commerce on Tuesday.
The actual use of foreign capital last year reached US$116.24 billion, keeping China as the largest recipient of foreign capital among developing economies, according to a report released by the department at the 25th China International Investment and Trade Fair in Xiamen.
The report noted that the structure of foreign investment in China continued to improve, with high-tech industries accounting for 34.6 percent of total foreign investment.
The main sources of investment remained 15 countries and regions, providing US$112.28 billion, or 96.6 percent of the actual utilized foreign capital.
The document indicates that foreign-invested enterprises made a significant contribution to China's socio-economic development in 2024. Their combined import and export volume amounted to about 1.8 trillion US dollars, or 29.2 percent of the country's total foreign trade. –0–
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