The Economic Times Monday, January 14, 2002
China's FDI up 14.9% y-o-y REUTERS MONDAY, JANUARY 14, 2002 BEIJING: China's actual foreign direct investment rose 14.9 per cent year on year to $46.846 billion in 2001, the Ministry of Foreign Trade and Economic Cooperation said on Monday. Contracted foreign investment, an indicator of the future trend, rose 10.43 per cent to $69.191 billion last year, the ministry said in a statement published on its website: www.moftec.gov.cn. Foreign investors have been pouring into China in anticipation of market opening after its formal entry to the World Trade Organisation last month. Actual FDI was roughly in line with official expectations. Foreign Trade Minister Shi Guangsheng said in December actual FDI could reach $45 billion in 2001, from $40.7 billion in 2000. Copyright © 2001 Times Internet Limited. All rights reserved.
