Foreign investment in China up 5% in January-April

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Foreign direct investment (FDI) into China rose 5.0 percent year-on-year to $40.3 billion in the first four months of 2014, lifted by funds from Asian neighbours, the government said Friday.

For April alone FDI — which excludes investment in financial sectors — was up 3.4 percent at $8.7 billion, the ministry of commerce said in a statement. However, that was down from $12.24 billion seen in March.

“Investment from major countries and regions into China maintained a stable growth momentum,” ministry spokesman Shen Danyang said in the statement.

In the January-April period, the top five investors included Singapore, Taiwan, South Korea, Japan and China’s special administrative region of Hong Kong, the ministry said.

But investment from Japan plunged 46.8 percent to $1.6 billion, it said, as a festering political row over disputed islands in the East China Sea has made Japanese companies reluctant to pour funds into its neighbour.

Investment from the United States fell 11.4 percent in the first four months to $1.2 billion, but it was still one of the top 10 investors, according to the ministry.

Foreign investment into China rebounded in 2013 to $117.59 billion, but the country’s slowing growth could crimp inflows this year.

Separately, the ministry said China’s overseas investment in non-financial sectors fell 12.9 percent year-on-year to $25.69 billion in January-April.

Investment in the United States rose 173.3 percent year-on-year to $1.7 billion, while that in the European Union increased 2.2 percent to $700 million, it said, in a rare disclosure of absolute values for individual markets.

The Association of Southeast Asian Nations received investment worth $1.58 billion from China in the period, up 5.7 percent from a year ago, it added.

However, investment in Hong Kong and Australia declined 41 percent and 0.7 percent year-on-year respectively in the period, the ministry said.

Beijing has encouraged companies to “go out” to seal supplies of crucial resources as well as make overseas acquisitions to gain market access and international experience.

 

 

 

 

 

Source : Channel News Asia | May 16, 2014

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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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