(MENAFN- Qatar News Agency) Ijing July 15 (QNA) - Foreign direct investment (FDI) into the Chinese mainland reversed the decline seen in May edging up 0.2% year on year to 14.42 billion US dollars in June the Ministry of Commerce said on Tuesday.
In the first six months the FDI which excludes investment in the financial sector stood at 63.33 billion US dollars up 2.2% from the same period last year the ministry said.
In January-June the FDI into the service sector climbed 14.8% year on year to 35.2 billion US dollars accounting for 56% of the total FDI and that to the manufacturing sector dropped 13.9% to 22.8 billion US dollars or 36% of the total Chinese news agency (Xinhua) reported.
Investment from the Republic of Korea and the United Kingdom remained robust in the first six months up 45.6% and 76.4% year on year respectively. But FDI from Japan slumped 48.8% year on year and FDI from the United States went down 4.6% year on year.
China's outbound direct investment by non-financial firms dropped 5% to 43.34 billion US dollars in the first half of the year the ministry said. (QNA)
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