BEIJING: A Spokesman of Ministry of Commerce (MOC), Shen Danyang, said during a conference that China’s foreign direct investment (FDI) raised 29.4 percent to $13.92 billion in January 2015.
The pace of growth quickened from a 1.7 percent increase in 2014, as investment in the country’s service industry continued to pick up steam.
A total of $9.18 billion, around 66 percent of the FDI, went into China’s service sector last month. FDI into the manufacturing sector reached $3.95 billion, accounting for 28.4 percent of the total, said MOC spokesman Shen Danyang.
