China attracts US$53.5b foreign investment in 2003 ( 2004-01-17 15:21) (Xinhua)
China actually utilized 53.5 billion US dollars of foreign investment in
2003, up 1.44 percent from the previous year, according to the Ministry of
Commerce.
In 2003, China approved 41,081 foreign funded firms, an increase of 20.22
percent over the previous year, and the contractual foreign investment reached
115.07 billion US dollars, 39.03 percent higher than that of 2002.
By the end of 2003, China had altogether approved 465,227 foreign funded
companies, whose contractual investment totaled 943.13 billion US dollars.
The ten biggest investers in 2003 are Hong Kong, Virgin Islands, Japan, the
Republic of Korea, the United States, Taiwan, Singapore, Western Samoa, Cayman
Islands and Germany.
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