Na­tion’s high-tech sec­tor FDI up 20.2%

China Daily - - BUSINESS -

For­eign di­rect in­vest­ment in China’s high-tech sec­tor in­creased 20.2 per­cent year-on-year in the first four months of this year, of­fi­cial data showed on Thurs­day. FDI in high­tech man­u­fac­tur­ing con­tin­ued its rapid growth in the pe­riod, with the fig­ure climb­ing 79.5 per­cent year-onyear to 29.6 bil­lion yuan ($4.65 bil­lion), said Min­istry of Com­merce spokesper­son Gao Feng. Specif­i­cally, sec­tors such as medicine, elec­tron­ics and tele­com equip­ment man­u­fac­tur­ing reg­is­tered strong mo­men­tum in at­tract­ing for­eign in­vest­ment dur­ing the first four months of 2018. FDI in the med­i­cal equip­ment, in­stru­ment and meter man­u­fac­tur­ing sec­tor in­creased 513.6 per­cent year-on-year, ac­cord­ing to the min­istry.

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.