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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (6333)8/26/2006 11:25:31 PM
From: RealMuLan  Read Replies (1) | Respond to of 6370
 
China reports 1.2% decline in FDI
www.chinaview.cn 2006-08-26 04:37:20

BEIJING, Aug. 25 (Xinhua) -- China said its actual use of foreign direct investment in the first seven months went down 1.2 percent from the same period last year to 32.7 billion U.S. dollars.

Ma Kai, minister in charge of the National Development and Reform Commission, revealed the figure in his report to a meeting of the Standing Committee of the National People's Congress Friday.

According to the report, China's exports grew 24.8 percent in the first seven months, down 7.2 percentage points on the same period last year. China's imports grew 21.1 percent in the first seven months, up 7.4 percentage points.

China's fiscal revenue grew 24.2 percent to 2.4 trillion yuan (about 300 billion U.S. dollars) in the first seven months. Enditem
news.xinhuanet.com