CHINA’S foreign direct investment (FDI) jumped 9.7 percent in June from a year earlier, official data showed late Tuesday, recovering from a 1 percent drop in May and hitting a 10-month high.
The total of FDI received by China last month was 98.2 billion yuan, or US$15.2 billion, the Commerce Ministry said in a statement on its website.
In the first half of 2016, FDI rose 5.1 percent from the same period a year earlier to 441.76 billion yuan, or US$69.42 billion, according to the statement.
The ministry has started releasing yuan-denominated FDI since early 2015, along with equivalent dollar figures based on its own conversion.
Foreign investment in the services sector rose 8 percent in January-June to 310.8 billion yuan, or US$48.9 billion, accounting for 70.4 percent of all FDI, said the ministry, with investment in high-tech services soaring 99.7 percent from a year earlier.(SD-Agencies)
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