January FDI Doubles
Year:2008 ISSUE:6
COLUMN:POLICY, ECONOMY & FINANCE
Click:208 DateTime:Nov.18,2008
January FDI Doubles
Foreign direct investment (FDI) in China was US$11.2 billion in January, a year-on-year increase of 109.78%. The Ministry of Commerce released on February 18th.
China approved 2 918 foreign-invested companies in January, down 13.41%.
China practices one corporate income tax on foreign investors and domestic enterprises, effective 2008. FDI in January has not been affected by the policy.