A bulk carrier freighted with goods on a pier in Lianyungang Wholesale College Jerseys China , East China. (Xinhua file photo) BEIJING, Aug. 15 (Xinhua) -- Foreign direct investment (FDI) into the Chinese mainland dropped 1.2 percent year on year in the first seven months to 485.42 billion yuan (72.79 billion U.S. dollars), data from the Ministry of Commerce showed Tuesday.
In the first seven months, 17,703 new foreign-funded companies were established Wholesale College Jerseys , up 12 percent year on year, according to the ministry.
The trend of an influx of foreign investment into high-end sectors continued, data showed.
High-tech manufacturing saw FDI rise 8.3 percent to 37.39 billion yuan, while foreign investment in high-tech services surged 16.8 percent to 70.31 billion yuan.
Non-financial outbound direct investment (ODI) by Chinese companies dropped 44.3 percent year on year in the first seven months to 57.2 billion U.S. dollars, mainly due to government measures to curb irrational investment.
Outbound investment in real estate Wholesale New Nike NCAA Jerseys , culture, sports and entertainment sectors saw substantial declines during the period, the ministry said.
Meanwhile, outbound investment to countries involved in the Belt and Road Initiative stood at 7.65 billion dollars, accounting for 13.4 percent of the total ODI Wholesale New NCAA Jerseys , up 5.7 percentage points from the same period in 2016.
While Chinese companies are going global, FDI still makes great sense for China today.
From research and development centers and technological spillover to the acquisition of world-class management skills, the impact of FDI in China is huge.
The Chinese leadership has promised to create "a stable, fair, transparent and predictable business environment" with a range of measures under way.
China has created 11 free trade zones where foreign firms can avoid red tape when applying for registration. It is shortening the list of sectors that are off-limits to foreign investors Wholesale Nike NCAA Jerseys , as well as reducing market entry restrictions for industries such as transport and financial services.
NEW DELHI, Aug. 8 (Xinhua) -- At least eight people were killed and 25 others injured Tuesday after a passenger bus they were travelling in fell into a canal in India's eastern state of West Bengal, police said.
The accident took place at Tehatta village in Nadia district, about 150 km north of Kolkata, the capital of West Bengal.
"Today a bus carrying passengers overturned and fell into a canal Wholesale Cheap NCAA Jerseys , killing eight people and injuring 25 others," a police official said.
Reports said the bus was speeding and its driver lost control resulting in the accident.
Soon after the accident, locals said they rushed to the spot to rescue the injured and informed police.
The injured, according to police, were rushed to Shaktinagar district hospital.
China marks 70th anniversary of first autonomous region
China to establish 1st Mars simulation base in Qinghai
Celebration of 50th anniv. of ASEAN's founding held in Philippines
People mark national Fitness Day around China
People mark national Fitness Day around China
Aerial view of Gula Town in S China
Qiandao Lake: Home to 114 known fish species
Delicious in-flight meal for BRICS Summit
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