FDI set to remain strong: MOFCOM

Updated 2018-01-17 09:52:03

Foreign direct investment (FDI) in China is expected to be stable in 2018 while industrial structure will be further optimized amid the external pressure to attract foreign capital, said the Ministry of Commerce (MOFCOM) on Tuesday.

FDI into China reached 877.56 billion yuan (6.29 billion) in 2017, up 7.9 percent year-on-year, and 35,652 foreign-funded firms were established in the country, up 27.8 percent from the previous year.

"The structure of foreign investment continued to improve, with FDI into high-tech services rising 93.2 percent year-on-year to reach 184.65 billion yuan," said a MOFCOM official.

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