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Home arrow News & Interviews arrow News March 2008 arrow More Investment, Less WFOE Registrations
More Investment, Less WFOE Registrations PDF Print E-mail

By Peter Bachmann, on Sunday, 23 March 2008

Published in : The News, News March 2008


Foreign Direct Investment (FDI) rose 75.2 per cent in January and February year-on-year to USD18.13 bn, the Ministry of Commerce said.

 

The biggest investments came from companies from Hong Kong (USD7.67 bn), the UK (USD3.39 bn) and Singapore (USD800m). At the same time the number of newly registered foreign companies decreased sharply by 23 per cent to 4,372 year on year. The Ministry said the increase in FDI is due to large-scale investment projects and the stronger RMB currency. It did not say why the number of companies dropped so sharply.


Last update : Sunday, 23 March 2008

   
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Keywords : FDI, Investment, Commerce, WFOE, Registration, Finance


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