FDI Up Almost 30% in First Quarter

Foreign direct investment (FDI) into China has increased by 30.34 billion US dollars in the first quarter of 2011, up 29.4% on a year-on-year basis, according to statistics released by the Ministry of Commerce yesterday. In March 12.52 billion US dollars of FDI flowed into China, up 32.9% on the amount that entered the country in March 2010. The service sector accounted for 14.39 billion US dollars of the total first quarter FDI figure, a 36.4% increase on a year-on-year basis. In addition 2.3 billion US dollars of FDI went to Western China to the end of March, up 84.1 percent on an annual basis.

Source
Shanghai Securities Journal

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