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China's absorption of foreign capital will reach 120 billion

 Last Update: 2021-03-30
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[China Epoxy Network (China Epoxy Industry Online)September 18, 2014: The spokesperson of the Ministry of Commerce Shen Danyang said on the 16th that if there is no major reversal in global multinational investment, In 2014, the scale of China's absorption of foreign capital will reach about 120 billion U.
S.
dollars, and the use of foreign capital in the future will enter a period of low-speed and steady growth.
According to data released by the Ministry of Commerce, from January to August 2014, there were 15,200 newly established foreign-invested enterprises, a year-on-year increase of 5%; the actual use of non-financial foreign capital was US$78.
34 billion, a year-on-year decrease of 1.
8%.
Among them, the actual use of foreign capital in August was US$7.
2 billion, a year-on-year decrease of 14%.

Shen Danyang said at the 58th News Cafe of the Chinese Journalists Association that the growth rate of China's use of foreign capital has slowed down, and even negative growth in individual months.

This is not due to the deterioration of China's investment environment.

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