Macro Economy: FDI rises 5.76%
(China Daily)
Updated: 2006-05-16 14:46
Realized foreign direct investment to China rose by 5.76 per cent
year-on-year to US$18.5 billion in the first four months of this year, according
to the Ministry of Commerce. The ministry approved 12,639 new foreign-invested
enterprises, down over 3.46 per cent from one year earlier. Hong Kong, Virgin
Islands and Japan were the top three investors.
The per capita disposable
income of urban residents in Beijing reached 6,950 yuan (US$869) in the first
four months of this year, the capital's statistics authority reports. The figure
indicates a year-on-year increase of 15.7 per cent, or 14.7 per cent allowing
for price factors, according to Yu Xiuqin, spokesperson with the Beijing
Municipal Statistics Bureau.
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