China's FDI Surges in June, Steady Growth Expected

　　Shen Danyang, spokesman of the Ministry¹ of Commerce (MOC), speaks during a press conference of MOC in Beijing, capital of China, July 17, 2013. China's foreign direct investment (FDI) jumped surprisingly in June, soaring 20.12 percent from a year earlier to 14.39 billion U.S. dollars, the Ministry of Commerce (MOC) announced on Wednesday. [Photo: Xinhua/Shi Yangkun]

 

　　Foreign direct investment (FDI) into China in June has grown at its fastest pace in more than two years.

 

　　Investment has increased over 20 percent from a year earlier despite a general slowdown in the world's second biggest economy.

 

　　CRI's Zhang Shuangfeng has more.

 

　　The 20 percent increase came as a surprise as it marks a significant surge from the 0.29-percent year-on-year increase in May.

 

　　But Shen Dan Yang, a spokesman of the Ministry of Commerce cautioned the upbeat figure didn't represent a rebound².

 

　　"We can not conclude that China's FDI has rebounded³ by simply looking at just a single month's data. But we do expect the FDI in the second half to grow steadily⁴."

 

　　Though June's upsurge follows four straight months' growth since February, the total FDI in the first half of this year only increased 4.9 percent year on year.

 

　　The establishment of foreign-invested enterprises also failed to pick up steam during the period, as the number of such companies decreased 9.1 percent from a year earlier.

 

　　The spokesman added however, that the investments which arrived this year did see a move towards better utilization⁵.

 

　　"The FDI increase proved the competitiveness of the Chinese economy and international investors⁶' recognition of the investment environment in China."

 

　　Nearly half of new FDI in the first six months went to the service sector⁷, which saw a year-on-year increase of 12.4 percent.

 

　　While the traditional manufacturing sector attracted only 42 percent of total inflows, down 2.1 percent from last year.

 

　　In a regional breakdown⁸, China's western regions saw strong growth in foreign investment, with an increase of 32.5 percent, compared with a 15.7-percent gain for central regions and a 1.7-percent gain for the east.

 

　　Meanwhile, China's outbound investment rose 29-percent year on year in the first six months.

 

　　Shen Danyang said the increase was matched with an improved efficiency and better investment structure of Chinese enterprises going overseas.

 

　　"More and more Chinese investment overseas are bearing fruit, which boosted companies' confidence to explore new territories for growth. Chinese companies are now fast becoming a competitive force with increasing foreign recognition."

 

　　Data from the Ministry of Commerce also shows Chinese outbound investment is now favoring commercial service, retail⁹ and wholesale¹⁰ sectors¹¹ over traditional manufacturing and mining sectors.

 

　　For CRI, I'm Zhang Shuangfeng

1 ministry   

n.(政府的)部；牧师

参考例句：

• They sent a deputation to the ministry to complain.他们派了一个代表团到部里投诉。
• We probed the Air Ministry statements.我们调查了空军部的记录。

2 rebound   

v.弹回；n.弹回，跳回

参考例句：

• The vibrations accompanying the rebound are the earth quake.伴随这种回弹的振动就是地震。
• Our evil example will rebound upon ourselves.我们的坏榜样会回到我们自己头上的。

3 rebounded   

弹回( rebound的过去式和过去分词 )； 反弹； 产生反作用； 未能奏效

参考例句：

• The ball rebounded from the goalpost and Owen headed it in. 球从门柱弹回，欧文头球将球攻进。
• The ball rebounded from his racket into the net. 球从他的球拍上弹回网中。

4 steadily   

adv.稳定地；不变地；持续地

参考例句：

• The scope of man's use of natural resources will steadily grow.人类利用自然资源的广度将日益扩大。
• Our educational reform was steadily led onto the correct path.我们的教学改革慢慢上轨道了。

5 utilization   

n.利用，效用

参考例句：

• Computer has found an increasingly wide utilization in all fields.电子计算机已越来越广泛地在各个领域得到应用。
• Modern forms of agricultural utilization,have completely refuted this assumption.现代农业利用形式，完全驳倒了这种想象。

6 investors   

n.投资者，出资者( investor的名词复数 )

参考例句：

• a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
• a cash bonanza for investors 投资者的赚钱机会

7 sector   

n.部门，部分；防御地段，防区；扇形

参考例句：

• The export sector will aid the economic recovery. 出口产业将促进经济复苏。
• The enemy have attacked the British sector.敌人已进攻英国防区。

8 breakdown   

n.垮，衰竭；损坏，故障，倒塌

参考例句：

• She suffered a nervous breakdown.她患神经衰弱。
• The plane had a breakdown in the air,but it was fortunately removed by the ace pilot.飞机在空中发生了故障，但幸运的是被王牌驾驶员排除了。

9 retail   

v./n.零售；adv.以零售价格

参考例句：

• In this shop they retail tobacco and sweets.这家铺子零售香烟和糖果。
• These shoes retail at 10 yuan a pair.这些鞋子零卖10元一双。

10 wholesale   

n.批发；adv.以批发方式；vt.批发，成批出售

参考例句：

• The retail dealer buys at wholesale and sells at retail.零售商批发购进货物，以零售价卖出。
• Such shoes usually wholesale for much less.这种鞋批发出售通常要便宜得多。

11 sectors   

n.部门( sector的名词复数 )；领域；防御地区；扇形

参考例句：

• Berlin was divided into four sectors after the war. 战后柏林分成了4 个区。 来自《简明英汉词典》
• Industry and agriculture are the two important sectors of the national economy. 工业和农业是国民经济的两个重要部门。 来自《现代汉英综合大词典》