LINE

Text:AAAPrint
Business

Chinese financial institutions see net FDI inflows in Q1

1
2018-05-09 22:57:17Xinhua Wang Fan ECNS App Download

China's financial institutions, including banks, insurers and securities firms, saw net investment inflows from overseas investors in the first quarter, data from the nation's foreign exchange regulator showed Wednesday.

Foreign direct investment (FDI) in China's financial institutions came in at 3.5 billion U.S. dollars in the first three months, while 2.7 billion U.S. dollars of investment flowed out, resulting in an 800 million U.S. dollar net inflow, according to the State Administration of Foreign Exchange (SAFE).

The country's financial institutions made a net overseas investment of 2 billion U.S. dollars during the period.

SAFE has been publishing data on a quarterly basis since 2012 to increase the transparency of foreign exchange statistics.

Earlier official data showed foreign direct investment in non-financial sectors rose 0.5 percent to 227.54 billion yuan (35.7 billion U.S. dollars) in the first quarter.

  

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.