Foreign investment in China up 5% in first 11 months

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Foreign investment into China rose 5.48 percent year on year in the first 11 months of 2013, the government said on Wednesday.

Foreign direct investment (FDI), which excludes financial sectors, totalled $105.5 billion for January-November, the ministry of commerce announced.

For November alone, FDI increased 2.35 percent year-on-year to $8.48 billion, the ministry said.

Investment from the European Union jumped 17.36 percent year-on-year to $6.8 billion during the January-November period, while that from the United States increased 8.6 percent to $3.2 billion.

Most investment into China comes from a group of 10 Asian countries and regions, including Hong Kong, Taiwan, Japan, Thailand and Singapore. FDI from them rose 7.45 percent to $91.4 billion in the year to November.

China’s overseas investment increased 28.3 percent year-on-year to $80.2 billion during the same period, the ministry said.

While investment going to Hong Kong and Japan decreased 0.6 percent and 13.3 percent respectively, investment into Russia surged 685 percent, while it was also up 232.2 percent to the United States.

Source : Channel News Asia | December 18, 2013

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About thomasdinnocenzi

Thomas D'Innocenzi is a highly accomplished, results-focused senior international executive with extensive experience in global sourcing and market development worldwide to meet evolving business needs. Tom has proven ability in implementing and managing profitable global sourcing operations worldwide. Extensive experience in international market development operations to accommodate rapid growth. Skilled in building top-performing teams, benchmarking performance, and restricting organizations to improve efficiency, productivity, and profitability. Experienced transition leader and change agent. As principal of Nova Advisors, LLC I’ve assembled an exemplary team that brings with them the knowledge and experience gained from starting up a Global Sourcing program with multiple Fortune 500 companies as well as the largest supplier network throughout the Asia-Pacific region. We have experience and expertise in more than a thousand medical and pharmaceutical products in manufacturing and sourcing at the best value. The right product, the right price point and the right branding fueled these successes that resulted in double-digit growth for top line sales and bottom line net margins for our customers. What sets us apart: • Our reach includes a large network of suppliers & manufacturers spanning 13 countries in Asia-Pacific region • We understand the manufacturing process and the business of the supplier and the buyer • Our company culture is based on quality assurance and our process is based on local quality control Our commitment is to be your partner offering the best products and services at the lowest cost. Contact me to discuss how we can make the global marketplace work for you. thomas@novaadvisors.com In addition, I am open to discussing opportunities in global sourcing, international marketing & sales, logistics and medical/pharma in Thailand, Vietnam, Malaysia, Philippines & Japan. Aside from my work I enjoy piano, astronomy, physics, and assisting my daughters with their studies. SPECIALTIES: Global Sourcing, Supply Chain Management, Business Development, Marketing, Logistics, Global Networking, Market Development, Healthcare Solutions, Pharmaceuticals, Medical Devices, Technology, Asia, Southeast Asia, US and Canada
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