USD-RMB: 6.3482  HKD-RMB: 0.81139  EUR-RMB: 7.8276  AUD-RMB: 4.9762 Feb 25, 2018 Sunday

Chinese Financial Institutions See Net FDI Inflows in 2017

2018-02-12 12:10:45.0

China¡¯s financial institutions, including banks, insurers and securities firms, saw net investment inflows from overseas investors in 2017, data from the nation¡¯s foreign exchange regulator showed.

Foreign direct investment (FDI) in China¡¯s financial institutions came in at $11.37 billion last year, while $8.35 billion of investment flowed out, resulting in $3 billion of net inflow, according to the State Administration of Foreign Exchange (SAFE).

The country¡¯s financial institutions made a net investment of $2.8 billion overseas last year.

The SAFE has been publishing data on a quarterly basis since 2012 to increase the transparency of foreign exchange statistics.

Earlier official data showed foreign direct investment in non-financial sectors rose 7.9 percent to 878 billion yuan ($140 billion) in 2017.(Source: Central People¡¯s Government of the People¡¯s Republic of China)

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