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Foreign direct investment into China down 6.7% in May

Published on Jun 17, 2014 11:43 AM
 
Iron ore being unloaded on a port in Qingdao, east China's Shandong province, in May 2014. -- PHOTO: AFP

BEIJING (AFP) - Foreign direct investment (FDI) into China fell 6.7 per cent year-on-year to US$8.6 billion in May, the government said Tuesday.

For the first five months of the year FDI - which excludes investment in financial sectors - was up 1.6 per cent at US$48.91 billion, the commerce ministry said in a statement.

In April, FDI was US$8.7 billion.

"Investment from major countries and regions into China generally maintained a stable growth momentum," the ministry said.

 
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