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China’s FDI rose by 18.57% in first 7 months

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China’s foreign direct investment (FDI) rose by 18.57% to 69.19 billion dollars in the first seven months in 2011, reported by Xinhua.

In July, FDI rose by 19.83 % with a total of 8297 billion dollars’ investment.

According to Ministry of Commerce, establishment of 15,600 foreign-invested companies have been approved in China during the first 7 months. In July, China approved 2,138 foreign-invested companies, which was an increase of 2.69% from the same period last year.