FDI Continues to Move Down

Yao Jian,an official of the Ministry of Com-merce(MOC)of China,recently released thatforeign direct investment(FDI)in June wentdown 6.8% to US$8.96 billion,being the tenthfalling month consecutively for China.In June,2 529 foreign firms were approved to set upsubsidiaries in China,fell 3.8% year over year.Yao Jian said the decline was narrowing monthby month and the manufacture sectors wereinteresting more foreign investors than othersectors.