Following are the facts and figures about the overseas investment China has attracted in the Ninth Five-year Plan period (1996-2000), provided by the State Development Planning Commission.
Overseas investment in China totaled US$230 billion from 1996 to 1999 and is expected to top US$290 billion U.S. dollars in the Five-year period, soaring by 80 percent from the last Five-year Plan period.
Overseas companies invested US$184.5 billion in China from 1996 to 1999 and the total investment from overseas companies in these five years will reach US$230 billion, doubling from the last Five-year Plan period.
Investment from overseas companies totaled US$52.4 billion in 1997, the highest in the country's history.
The country got a total foreign loan of US$46 billion from 1996 to 1999 and the foreign loan is expected to total US$57 billion in these five years, up 25 percent over the last Five-year Plan period.
The country's payment and debt rate remained 11.3 percent and 69.5 percent respectively in 1999, both below the international warning line.
(People’s Daily 10/06/2000)
