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Li Bin, deputy director of the State Administration of Foreign Exchange and press spokesman, said at the press conference of the State Information Office on July 17 that in the first half of this year, enterprises, individuals and other non-banking sectors had a net inflow of 247.2 billion US dollars in cross-border capital. Li Bin explained that in the first half of the year, the net inflow of capital under trade in goods continued to increase year on year, foreign investment in China generally rebounded, revenue growth from trade in services accelerated, the balance deficit narrowed, and overall foreign investment by domestic players continued to grow.
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Li Bin, deputy director of the State Administration of Foreign Exchange and press spokesman, said at the press conference of the State Information Office on July 17 that in the first half of this year, enterprises, individuals and other non-banking sectors had a net inflow of 247.2 billion US dollars in cross-border capital. Li Bin explained that in the first half of the year, the net inflow of capital under trade in goods continued to increase year on year, foreign investment in China generally rebounded, revenue growth from trade in services accelerated, the balance deficit narrowed, and overall foreign investment by domestic players continued to grow.
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