Japanese investment surges after decline
Japanese investment in China rose by 46.9 percent year-on-year in January after months of decline last year.
The number of new enterprises set up by Japanese investment increased by 3.5 percent and actual investment rose by 3.2 percent, the Ministry of Commerce said. The ministry did not provide a total amount for Japanese investment last month.
Japan’s direct investment in China fell by 38.8 percent yearon-year in 2014 to $4.33 billion.
Shen Danyang, the ministry’s spokesman, said China’s high-quality labor force, developed infrastructure facilities, improved business environment and ongoing urbanization were the main factors that attracted increased Japanese investment in January.