Top Stories
Top Stories
Wires

China Jan-May FDI up 6.8% y/y in yuan terms

BEIJING, June 13 (Reuters) - Foreign direct investment (FDI) into China rose 6.8% in January-May to 369.06 billion yuan ($53.34 billion) compared with a year earlier, the Ministry of Commerce said on Thursday.

In May, FDI into China grew 8.5% on-year to 63.83 billion yuan, the commerce ministry said, up slightly from April's 62.95 billion yuan.

FDI into China from the United States rose 7.5% in the first five months of the year.

Separately, China's non-financial outbound direct investment (ODI) in Jan-May fell 1% on-year to 301.15 billion yuan. ($1 = 6.9191 Chinese yuan renminbi) (Reporting by Beijing Monitoring Desk; Editing by Simon Cameron-Moore)