- News>
- World
China attracts USD 115.07 billion foreign investment in 2003
Beijing, Jan 18: Despite the negative impact of Sars, China attracted USD 115.07 billion in 2003, up 39.03 per cent compared to the previous year.
Beijing, Jan 18: Despite the negative impact of
Sars, China attracted USD 115.07 billion in 2003, up
39.03 per cent compared to the previous year.
At the same time, the actually utilised foreign investment last year was USD 53.5 billion, up 1.44 per cent from the previous year, the Ministry of Commerce said here yesterday.
In 2003, China approved 41,081 foreign funded firms, an increase of 20.22 per cent over the previous year, and the contractual foreign investment reached USD 115.07 billion, 39.03 per cent higher than that of 2002.
By the end of 2003, China had altogether approved 465,227 foreign funded companies, whose contractual investment totalled USD 943.13 billion.
The ten biggest investors in 2003 in China are Hong Kong, Virgin Islands, Japan, South Korea, The United States, Taiwan, Singapore, Western Samoa, Cayman Islands and Germany, the ministry said.
The outbreak of severe acute respiratory syndrome last year had negatively impacted several sectors of the Chinese economy, especially the service sector.
Bureau Report
At the same time, the actually utilised foreign investment last year was USD 53.5 billion, up 1.44 per cent from the previous year, the Ministry of Commerce said here yesterday.
In 2003, China approved 41,081 foreign funded firms, an increase of 20.22 per cent over the previous year, and the contractual foreign investment reached USD 115.07 billion, 39.03 per cent higher than that of 2002.
By the end of 2003, China had altogether approved 465,227 foreign funded companies, whose contractual investment totalled USD 943.13 billion.
The ten biggest investors in 2003 in China are Hong Kong, Virgin Islands, Japan, South Korea, The United States, Taiwan, Singapore, Western Samoa, Cayman Islands and Germany, the ministry said.
The outbreak of severe acute respiratory syndrome last year had negatively impacted several sectors of the Chinese economy, especially the service sector.
Bureau Report