China's absorption of foreign investment has declined for eight consecutive months

The turnover of foreign contracted projects continues to rise. BEIJING, June 15 (Xiangwen, Chen Yun) according to the Ministry of Commerce statistics, January-May, the national actual use of foreign direct investment of 34.05 billion U.S. dollars, the new batch set up 7,890 foreign investment enterprises, the year-on-year decline of 20.4% and 33.8%.　　In the same period, the actual use of foreign capital in the Midwest fell more than the national average, the central decline 35.7%, West 30.2%. The month of May, China's actual use of foreign capital of 6.379 billion U.S. dollars, down 17.8% year-on-year, the new batch of foreign investment enterprises set up 1649, down 32%.　　This is since October 2008, China's absorption of foreign direct investment has declined for 8 consecutive months, this is also since the Asian financial crisis in 1998, China's newly established foreign-funded enterprises, contracted foreign investment and the actual use of foreign capital for the first time a comprehensive and sustained decline in the indicators since the decline has continued to expand. China's continued decline in foreign investment is consistent with the global trend, said spokesman Yao Jian. International organizations forecast a 30%-40% decline in global direct foreign investment this year.　　In a recent report published by the British Economist Information Department, China's business environment has increased by 11 places, China has ranked the world's top market opportunity in 2009-2013 years, and believes that with the development of China's economy and policy in place, China is still the preferred place for global outward FDI (FDI).　　According to the latest statistics of the Ministry of Commerce, January-May this year, China's foreign contracted engineering business completed turnover of 24.78 billion U.S. dollars, the new contract amount of 53.46 billion U.S. dollars, the year-on-year increase of 48.2% and 43.7%. In the previous May, China's foreign labor cooperation completed the turnover of 3.4 billion U.S. dollars, an increase of 11.1%, the new contract amounted to 2.8 billion U.S. dollars, down 7.9% year-on-year decline in the trend.