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Foreign-invested firms in China up 11.4 pct in first 9 months

BEIJING, Oct. 25 (Xinhua) — A total of 42,108 new foreign-invested firms were established across China in the first nine months of 2024, up 11.4 percent year on year, the Ministry of Commerce said on Friday.

During this period, foreign direct investment (FDI) in the Chinese mainland in actual use totaled 640.6 billion yuan (about 90.1 billion U.S. dollars), down 30.4 percent from a year earlier, the ministry sa