/ world today news/ A total of 41,947 new companies with foreign investment were established in China during the first 10 months of the year, according to data from the Ministry of Commerce.
The figure marks a 32.1% increase over the same period last year.
During the period, actual foreign direct investment in mainland China totaled 987.01 billion yuan ($137.6 billion), down 9.4% year-on-year. Those in industry rose 1.9% year-on-year to 283.44 billion yuan, with those in high-tech manufacturing up 9.5%.
Foreign direct investment from Canada, Britain and France grew by 110.3%, 94.6% and 90% respectively, the data showed.
The country will shorten its foreign investment negative list “in a reasonable manner” and remove all restrictions on foreign investors in industrial production, Li Chao of the State Development and Reform Commission said at a press conference on Thursday.
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