China’s FDI inflows rebounded in Jul, hit second-highest in a year – SAFE
DATA MACRO
China’s FDI inflows rebounded in Jul, hit second-highest in a year – SAFE
DATA MACRO

China’s FDI inflows rebounded in Jul, hit second-highest in a year – SAFE

 

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China’s net inflow of foreign direct investment (FDI) rebounded in July, hitting the second highest in nearly a year, officials from the State Administration of Foreign Exchange (SAFE) said on Tuesday.

The capital inflows is gradually improving, with a net inflow of FDI reaching the second-highest level in almost a year and also a net inflow of overseas funds for securities investment in China, said Wang Chunying, deputy director of SAFE.

Looking ahead, China’s long-term economic fundamentals remain strong, and as pro-growth policies continue to take effect, the economy is expected to continue its recovery trend, Wang said.