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![Delegates attend the closing ceremony of the World Internet Conference in Wuzhen, east China's Zhejiang Province, Nov. 21, 2014 [Xinhua]](http://thebricspost.com/wp-content/uploads/2014/11/235590935_8.jpg)
Delegates attend the closing ceremony of the World Internet Conference in Wuzhen, east China’s Zhejiang Province, Nov. 21, 2014 [Xinhua]
The growth quickened from a 1.3-per cent rise in October and 1.9 per cent in September, as investments to the country’s service industry continue rising steadily.
Investments from South Korea and Britain rose, up 22.9 percent and 28 percent respectively.
In contrast, investment from Japan plunged 39.7 per cent partly an effect of the chill in political ties between the two neighbours.
Investment into China from the ASEAN nations also witnessed a 23.6 per cent drop and that from the US also went down by 22.2-per cent.
For the first 11 months, the FDI, which excludes investment in the financial sector, stood at $106.24 billion, up 0.7 per cent from the same period last year, the ministry said.
Around 55.1 per cent of the FDI went into the country’s service sector during the Jan.-Nov. period. FDI into the manufacturing sector moved down 13.3 per cent to $35.93 billion, accounting for 33.8 per cent of the total.
Tuesday’s data also showed China’s outbound direct investment by non-financial firms moved down 26.1 per cent to $7.92 billion in November.
Source: Agencies
