China's FDI inflow up 11.8% in April

Economy

Foreign direct investment (FDI) into the Chinese mainland expanded 11.8 percent year on year to 70.36 billion yuan in April, data from the Ministry of Commerce showed Thursday.

XinhuaUpdated: May 14, 2020

Foreign direct investment (FDI) into the Chinese mainland expanded 11.8 percent year on year to 70.36 billion yuan in April, data from the Ministry of Commerce showed Thursday.

A staff member works at a workshop of Sanden Huayu Automotive Air-Conditioning Co., Ltd. in Shanghai, east China, Feb. 27, 2020. [Photo/Xinhua]

In U.S. dollar terms, the FDI inflow stood at 10.14 billion dollars, up 8.6 percent year on year.