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

BEIJING: Foreign direct investment (FDI) into China rose 6.8pc  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 8.5pc 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 7.5pc in the first five months of the year.

Separately, China's non-financial outbound direct investment (ODI) in Jan-May fell 1pc on-year to 301.15 billion yuan.