Foreign investment in China remained stable in the first half of this year, and the country saw rapid growth in the number of newly established overseas enterprises, China's Ministry of Commerce (MOFCOM) said on Wednesday, as executives from multinational corporations have been visiting China to seek new opportunities for investment cooperation opportunities.
Vice Minister of Commerce Guo Tingting said that from January to June, the country saw 24,000 newly established foreign invested firms, an increase of 35.7 percent. The actual use of foreign direct investment (FDI) amounted to 703.7 billion yuan ($97.6 billion), down 2.7 percent year-on-year.
Capital investment in China from developed countries continued to grow, with investment from France surging 173.3 percent and that from the UK growing 135.3 percent. Japan's investment in China grew 53 percent and that from Germany was up 14.2 percent, according to Guo.
