China reports 42,582 foreign firms and $71.66B investment
During the first eight months of the year, China saw the establishment of 42,582 foreign-funded companies, marking a slight increase of 0.3% compared to the previous year. The total actual foreign investment reached $71.66 billion, representing a 5.3% decline year-on-year, with a primary focus on the high-tech sector, which experienced a 35.1% rise in investments, accounting for 41.7% of the total. Additionally, investments from France, Switzerland, and South Korea saw significant increases of 39.2%, 16.7%, and 16.5%, respectively.
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