SHANGHAI :
China Remains World's No. 2 in Using Foreign Capital, Grows 5.8%
Dou Shicong
DATE:  Jan 21 2020
/ SOURCE:  yicai
China Remains World's No. 2 in Using Foreign Capital, Grows 5.8% China Remains World's No. 2 in Using Foreign Capital, Grows 5.8%

(Yicai Global) Jan. 21 -- China has retained its position as the world's second-biggest country in terms of using foreign capital, only second to the US.

China's actual use of foreign capital increased 5.8 percent to CNY941.5 billion (USD136.7 billion) last year from a year earlier, the commerce ministry said in a statement today.

More than 40,000 foreign-funded enterprises were launched in China in 2019, said Qian Keming, vice minister of commerce. The number of overseas-funded projects with a scale of more than USD100 million rose by 15.8 percent to 834, including Shanghai's new Tesla Gigafactory. 

Editor: Emmi Laine 

Follow Yicai Global on
Keywords:   Foreign Capital,Ministry of Commerce,Tesla