Foreign investment up 14% in first 11 months
14 December 2007
China has received nearly 14% more foreign direct investment (FDI) in 2007 over last year's 11-month period, state media reported. The increase comes despite a 7% decline in the number of new foreign-invested enterprises approved during the same period. China adjusted its foreign investment policy this month to further open up access to its service and high-tech industries while increasing controls on energy-consuming sectors. China is the world's third-largest recipient of FDI, after the US and the UK.
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