According to the Ministry of Commerce, investments by foreign-affiliated firms in China reached US$57.5 billion on an execution basis during January-November, and the monthly average surpassed US$5.2 billion. At this pace, the investment value is estimated to have exceeded US$60 billion on an annual basis.
During this 11-month period, newly founded foreign-invested firms numbered 39,291, which is 7.31% more than the year before. The foreign investment value on a contract basis increased by 34.36% to US$135,038 million, and on an execution basis rose by 22.05% to US$57,553 million.
At the end of November, there were 504,568 foreign-invested firms in China, and the foreign investment value was US$1,078,168 million on a contract basis and US$559,023 million on an execution basis.
China's investment environment has improved since it became a WTO member, and foreign investments in China rapidly rose to over US$50 billion in 2002 and 2003.
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