The inflow of foreign investment in China in the I half grew by 8%, reaching nearly $70 billion

Almaty. July 20. Silkroadnews - In the first half of 2015, China has mastered 420.52 billion yuan ($68.41 billion) of foreign investment, which is 8% more than in the same period of 2014, reported Xinhua news agency.
It is noted that in the first half of 2014 the inflow of foreign investment in the Chinese economy grew by only 2.2%.
According to Vice Minister of Commerce Wang Shouven, growth was mainly due to the services industry, which accounted for 63.5% of assimilated foreign investments in January-June. It showed an increase inflow of investments by 23.6%.
According to him, foreign investors are steadily increasing investments in manufacturing industries such as communications equipment, chemical and pharmaceutical products and tools, parts for electrical engineering.
Another positive aspect is more active participation of transnational corporations in the organization of research and development directly in China. In the first six months of this year, transnational corporations have established 795 enterprises in China, spending $2.57 billion. This is respectively 18% and 62.8% more than in the same period last year.
W.Shouven did not exclude that by the end 2015 the inflow of foreign investment will reach about $ 125 billion, that is, growth will be about 4% against the previous year.