Foreign direct investment to mainland China grew in April, as the country attempts to recover from the [coronavirus][1], or Covid-19, pandemic, official data showed on Thursday.
Foreign direct investment rose 8.6 percent year-on-year in U.S. dollar terms in April, the state-run news agency Xinhua reported citing data from the Ministry of Commerce.
Foreign investment totaled $10.14 billion during the month.
In yuan terms, FDI increased 11.8 percent year-on-year to CNY 70.36 billion.
However, foreign investment decreased by 8.4 percent year-on-year in the January to April period to $41.34 billion, due to the Covid-19 impact.
For comments and feedback contact: editorial@rttnews.com
[Economic News][2]
What parts of the world are seeing the best (and worst) economic performances lately? Click[here][3] to check out our [Econ Scorecard][3] and find out! See up-to-the-moment rankings for the best and worst performers in [GDP][4], [unemployment rate][5], [inflation][6] and much more.
- www.rttnews.com/list/coronavirus.aspx
- www.rttnews.com/Content/EconomicNews.aspx
- www.rttnews.com/economic-scorecard/world-rank/retail-sales/highest-performance.aspx
- www.rttnews.com/economic-scorecard/world-rank/GDP/highest-performance.aspx
- www.rttnews.com/economic-scorecard/world-rank/unemployment-rate/lowest-performance.aspx
- www.rttnews.com/economic-scorecard/world-rank/CPI/highest-performance.aspx