Sunday, September 5, 2010

foreign investment in China continues to grow

Beijing, September 6 (Reuters) - Foreign direct investment tends to 100.000.000.000 $ intoChina passport for the first time this year, official media said Monday.

There are no financial inflows reached a record $ 92400000000 butfell in 2008 to U.S. $ 90,000,000,000 in the year 2009 after the global financial crisis.

Foreign investors optimistic about China's economic Beijing outlookand efforts to improve the investment climate haveboosted their convictions, the official news agency Xinhua quotedShen Danyang, a spokesman for the ministry of trade terms.

China to withdraw $ 58400000000 direct foreign investment in first seven months this year amounted to 20.7 percent over the same period in 2009.

An official, Liu said China was in Zuozhuang outboundinvestments easily reach 60 billion U.S. dollars.

The officials spoke at a press conference on Sunday.

In the year 2009 the output of the direct investment by Chinese business wasworth 56.5 billion U.S. dollars, up 1.1 percent from 2008.

"China is now the fifth largest country in the world of investing, and the biggest developing country," said Shen, the provisions of the China Daily.

He said that increased flow in the coming years.

Despite the strained relationship between China and Africa and now emerged investment Chineseoutbound 71.4 percent interest in Asia in 2009.

Africa accounted for 2.6 percent and 13.0percent of Latin America, said Minister of Trade

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