China has 440,900 foreign-funded companies
Updated: 2013-07-16 17:46
(Xinhua)
|
||||||||
BEIJING - Some 440,900 foreign-invested companies had been set up in China by the end of June, up 0.93 percent year-on-year, according to a report released by the State Administration of Industry and Commerce (SAIC) on Tuesday.
Their registered capital rose 6.99 percent from a year earlier to 12.09 trillion yuan ($1.95 trillion).
In the first half of this year, the number of newly-registered companies fell 6.74 percent to 16,600. Their registered capital increased 4.08 percent to 380 billion yuan.
Amid the lackluster global economic environment, multinational companies scaled back their investment in China. The actual use of foreign direct investment declined for eight consecutive months since June 2012, but posted a slight recovery since then.
According to the SAIC report, China had 14.08 million business enterprises by the end of June, up 7.62 percent year on year. Their registered capital rose 15.3 percent to 89.02 trillion yuan.
- Obama urges restraint amid protests
- Putin wants Snowden to go, but asylum not ruled out
- Apple to probe death of Chinese using charging iPhone
- Investment falters as industrial activity flags
- Rape victim's mother wins appeal
- Reproduction of 'Sunflowers' displayed in HK
- Land Rover enthusiasts tour the world
- US star sprinter fails drug test
Most Viewed
Editor's Picks
Chinese Haute Couture |
Railway cities staying on track |
More concerns over camps |
Challenging times on 'high-speed Silk Road' |
Jiangnan Style |
Coming to a screen near you |
Today's Top News
Google China chief steps down
George Soros plans third wedding
Mahjong gains popularity among Jews in US
ROK confirms DPRK behind June 25 cyber attack
Spain apologizes to Bolivia for plane delay
International cotton contract in the works
Smithfield shareholder still presses for break up
China calls for new talks on Iran nuclear issue
US Weekly
Geared to go |
The place to be |