日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / Top Stories

Fifth FDI fall amid EU woes

By Ding Qingfen in Beijing and Chen Limin in Hong Kong | China Daily | Updated: 2012-04-18 08:02

Fifth FDI fall amid EU woes

Fifth FDI fall amid EU woes

Investment focus to highlight western and central regions

Foreign direct investment fell for a fifth straight month in March as the European debt crisis worsened and the world's second-largest economy registered weaker growth.

The Ministry of Commerce said the FDI outlook remains "grim" in the coming months. However, measures will be taken to "stabilize" FDI by encouraging foreign companies to invest in central and western regions.

China's inbound investment last month dropped 6.1 percent, from a year earlier, to $11.76 billion, the ministry said on Tuesday.

The February figure was a 0.9 percent drop.

"Foreign companies invest less in a sluggish global economy," Shen Danyang, the ministry spokesman, said.

"Tightening policies on the property market also led to a decrease in foreign investment," he said.

Real estate makes up about 25 percent of FDI and foreign investment from the sector dropped by 6.3 percent year-on-year, in the first quarter.

The corresponding period last year saw a gain of 38.6 percent.

Investment from the European Union, grappling with a major sovereign debt crisis, tumbled 31.2 percent in the first quarter, from a year earlier, to $1.41 billion. Europe is a key trading partner and its economic troubles have had consequences for China as witnessed by the Friday announcement that the economy grew at the slowest pace in almost three years.

However, Tuesday's figures showed capital flow from the United States rose 10.1 percent, in the first quarter, to reach $893 million. This reversed a falling trend over the last few months as the world's largest economy shows signs of recovery.

From January to March, China's FDI fell by 2.8 percent from a year earlier to $29.48 billion, the ministry said. This is in contrast to a 29.4 percent increase during the same period last year.

"Rising labor costs are also making China less attractive for foreign investors," Shen said.

But falling FDI may be a short-term scenario as foreign companies eyeing the consumer market will invest, said Wang Zhile, director of the research center of transnational corporation, at the Chinese Academy of International Trade and Economic Cooperation, a think tank affiliated to the ministry.

"I am rather optimistic about FDI in the long term."

Frederic Neumann, managing director of Asian Economic Research at the Hongkong and Shanghai Banking Corp, agreed.

"Many international companies are looking at other investment destinations, such as Southeast Asia, to take advantage of cheaper labor. But this doesn't mean that China is not an attractive investment destination. In fact, we still sense a lot of interest by capital market investors taking more exposure to China," Neumann said.

Wang Chao, deputy minister of commerce, said recently that FDI could be "sustained" thanks to the country's stable economic growth and improving business sentiment.

Samsonite International, the world's biggest luggage maker, said recently that it plans to add 25 more stores this year, on top of the 60 on the Chinese mainland, to tap growing demand.

Moving inland

Efforts will be enhanced to guide foreign companies in investing in central and western regions.

Foreign capital into the eastern region dropped, in the first quarter, by 3.66 percent, but FDI into central areas grew by 20.72 percent, the ministry said.

Samsung Electronics, Asia's largest consumer-electronics provider, announced, in early April, a $7-billion investment in Xi'an, Shaanxi province, to make a memory chip widely used in smart phones and tablet computers. This is the largest foreign investment the western region has ever absorbed.

Contact the writers at dingqingfen@chinadaily.com.cn and chenlimin@chinadaily.com.cn

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 久久伊人在 | 亚洲无色 | 大香伊人久久 | 亚洲在线视频网站 | 日韩欧美日本 | 午夜在线影院 | 黄色日本视频 | 99精品在线| 天天看片中文字幕 | 精品一二三 | 久久一二三四区 | 91精品免费在线观看 | 激情婷婷色| 日韩网站在线 | 自拍偷拍网 | 91久久国产综合 | 一级做a爱片久久毛片 | 天堂中文在线观看 | www.蜜臀 | 精品国产香蕉 | 偷拍超碰| 国产情侣在线播放 | 婷婷狠狠爱 | 在线免费a视频 | 国产区在线观看 | 91久久精品日日躁夜夜躁国产 | 亚洲高清视频在线播放 | 成人三级视频 | 日韩视频在线一区二区 | 五月婷婷激情五月 | 另类色综合 | 国产一级片免费看 | 国产精品毛片va一区二区三区 | 国产成人免费观看 | 日本高清视频免费看 | 国内精品小视频 | 国产不卡视频在线观看 | 午夜久久久久久久久久影院 | 一级片观看 | 成年人黄色片 | 好吊妞这里有精品 |