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Foreign direct investment rises 10.2%

(Xinhua)
Updated: 2007-05-16 14:06

China'sforeign direct investmentfor the January-April period rose 10.17 percent from a year earlier, theMinistry of Commercesaid today.

Related readings: FDI rises, reversing last year's trend Urban fixed-asset investment to grow 23% in 2007 Bumper FDI growth continues China's FDI up in January, EU investment falls

Investment for the first four months totaled US$20.36 billion, the ministry said.

Foreign investment growth for the period was slower than the 11.6 percent registered in the first quarter of 2006, pulled down by slower growth in April, The Associated Press reported.

For April, foreign direct investment totaled US$4.47 billion, up 5.5 percent from a year ago, according to the ministry.