China utilizes over $81 bln of foreign investment in first 10 months

From January to October 2008, China utilized more than 81.09 billion USD of foreign investment, an increase of 35.06% year-on-year, according to the data released by the PRC Ministry of Commerce on November 12.

The data also shows that 22,736 foreign-invested enterprises were newly established in the first 10 months, a decrease of 26.24% year-on-year.

Moreover, in October, China utilized 6.722 billion USD of foreign investment, a drop of 2.02% year-on-year.

During the same period, 1,935 foreign-invested enterprises were newly established, a decline of 26.15% year-on-year.

Source: People's Daily Online