China has used foreign direct investment (FDI) of 48.576 billion U.S. dollars in the first ten months, 0.34 percentage point higher year-on-year.

In the ten months, China approved a total of 33,068 overseas-funded companies, down 6.32 percent from the same period last year, said the Ministry of Commerce.

The number of newly approved overseas-funded companies dropped 0.97 percent year-on-year to 3,047 in October, but the FDI actually used in the month rose 15.92 percent in October to 5.987 billion U.S. dollars.

In the period, top ten countries and regions investing in China's mainland include Hong Kong, Japan, the United States, Taiwan and Germany. And 83.96 percent of the actual overseas investment came from the ten countries and regions.

China actually used FDI of 60.325 billion U.S. dollars last year.

Source: Xinhua