(Yicai Global) Jan. 21 -- China has retained its position as the world's second-biggest country in terms of using foreign capital, only second to the US.
China's actual use of foreign capital increased 5.8 percent to CNY941.5 billion (USD136.7 billion) last year from a year earlier, the commerce ministry said in a statement today.
More than 40,000 foreign-funded enterprises were launched in China in 2019, said Qian Keming, vice minister of commerce. The number of overseas-funded projects with a scale of more than USD100 million rose by 15.8 percent to 834, including Shanghai's new Tesla Gigafactory.
Editor: Emmi Laine