Zhao Yuchao, head of the Balance of Payments Department at the State
Administration of Foreign Exchange, told a State Council Information Office
briefing that net foreign investment into China in the first five months totaled
about $160 billion, markedly stronger than the same period last year. The
inflows include foreign direct investment, securities investment and foreign
deposits and loans absorbed by China. Equity (FDI) net inflows exceeded $50
billion, with new capital injections remaining stable.
