Foreign investment in China has a profit margin of as much as 22 percent, according to a survey conducted by the World Bank (WB). The survey targeted 12,400 enterprises in China's 120 cities.

An official from the WB said on November 11 that both foreign and domestic private enterprises in China are recording a high profit margin relative to the global financial situation.

Of the 12,400 enterprises surveyed, 8 percent are state-owned, 28 percent are foreign-invested and the remaining 64 percent are privately owned.

The official also said that foreign direct investment (FDI) is channeled primarily to cities with a thriving market and the convenience of sea transportation. Consequently FDI per capita in the southeastern provinces is US$128, which is 1.3, 7, and 25 times as much as in the northeastern, central and western regions. In Zhejiang, Jiangsu and Guangdong province, foreign enterprises make up 43 percent of the total gross industrial output value.

By People's Daily Online