Actual foreign direct investment (FDI) rose 12% year on year to US$34 billion in the first half of 2004, the Ministry of Commerce said. Contracted FDI rose 43% year on year to US$73 billion, the ministry said. As the state sector shrinks, China hopes FDI can generate 14 million private sector jobs a year.
You must log in to post a comment.
Yes, I would like to receive emails from China Economic Review. (You can unsubscribe anytime)
Copyright © 2018 SinoMedia Group Limited All rights reserved