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China's utilized FDI down 6.8% in Sep

Oct. 22, 2012 (China Knowledge) - China's utilized foreign direct investment or FDI decreased 6.8% YoY to US$8.43 billion in September this year, according to latest statistics released by the Ministry of Commerce.

Last month, the country approved 2,248 units of foreign-invested firms, reflecting a YoY decrease of 6.4%.

In the first nine months of this year, the country's utilized FDI dropped 3.8% from a year earlier to US$83.42 billion. The number of newly-approved foreign-invested firms reached 18,025 units for the period, down 11.7% YoY.

From January to September, the country's utilized FDI in real estate industry and service industry decreased 5.62% and 1.8% from a year earlier, respectively.

Meanwhile, China saw utilized investment from the 27 European Union (E.U.) member countries dropped 6.3% YoY to US$4.33 billion during the nine-month period.

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