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China July FDI +15.8 % y/y in yuan terms

13 Aug 2020 / 17:01 H.

    BEIJING, Aug 13 (Reuters) - Foreign direct investment (FDI) into China rose 0.5% in the first seven months of this year from a year earlier, to 535.65 billion yuan ($77.16 billion), a commerce ministry official said on Thursday.

    In July alone, FDI jumped 15.8% from a year earlier, to 63.47 billion yuan, Zong Changqing, director of foreign investment department at the ministry told a news conference. ($1 = 6.9424 Chinese yuan renminbi)

    (Reporting by Tian Qiao and Martin Pollard; Editing by Catherine Evans)

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