China's China FDI growth slows, ODI increases
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The latest official data shows that foreign direct investment, FDI, in the Chinese mainland slowed in the first 11 months of this year, while outbound direct investment, ODI, increased.

FDI rose 3.9 percent year on year to reach 731.8 billion yuan, about 113 billion U.S. dollars, during the January-November period.

That was down slightly from the 4.2 percent gain posted for the first ten months.

Foreign investment to the service industry continued strong growth, rising 8 percent year on year to 513.3 billion yuan. The FDI in high-tech services was particularly strong, nearly doubling from a year earlier to reach 88.14 billion yuan.

In the first 11 months, FDI from the United State surged 55.4 percent, while that from the European Union went up 43.9 percent.

Author： 　　　Source：CRI　　　 Editor：Yang Fan