From Xinhuanet (link)
Foreign-funded enterprises have recorded more than 200 billion U.S. dollars in post-tax profits in China since the 1990s, a senior Chinese commerce official said.
Li Zhiqun, director of Foreign Investment Department of Ministry of Commerce, announced the figures on Saturday at a forum of “Investing in Xi’an, Investing in Future”, held in Xi’an, capital of northwest China’s Shaanxi Province.
Currently, China has approved the establishment of over 500,000 foreign-financed enterprises and has used 270 billion U.S. dollars of foreign funds. These foreign-funded enterprises import over 560 billion U.S. dollars of goods annually.
