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China Economic News in Brief

The following are some China economic news items in brief.

FUJIAN FDI ACTUALLY USED HITS RECORD

East China's Fujian Province actually used 310 million U.S. dollars of overseas direct investment in October, a 44.4-percent rise year-on-year, the local statistical bureau said Tuesday.

The amount was a monthly record in the province since December 2008.

In the first 10 months of this year, Fujian approved establishment of 719 projects funded by Hong Kong and Taiwan investors, which accounted for 78.8 percent of the total new overseas-funded projects in the province.

HAINAN'S IMPORTS IN BORDER TRADE TOP 100 MILLION DOLLARS

China's southernmost Hainan province imported 102 million U.S. dollars worth of goods in border trade in the first 10 months of this year, a 43.4-percent year-on-year growth, the local customs house said Tuesday.

This was the first time that the province's imports in border trade exceeded the 100-million-U.S. dollars mark over past 17 years, and the amount surpassed that for the whole of last year.

The top two imports were coconut shell fiber and anthracite.

BEIJING RECEIVES 21 PCT MORE VISITS FROM OVERSEAS

China's capital received 4.16 million visitors from overseas in the first 10 months of this year, an increase of 21.3 percent on the same period of last year, the local tourism bureau said Tuesday.

The total included 3.59 million foreign visitors, up 25.8 percent year on year, and 574,000 visitors from Hong Kong, Macao and Taiwan, down 0.7 percent.

HUNAN'S FOREIGN TRADE UP MORE THAN 41 PCT

Central China's Hunan Province generated 11.61 billion U.S. dollars in foreign trade in the first 10 months of this year, a 41.3-percent year-on-year rise, the local customs house said Tuesday.

The growth rate was 2.7 percentage points higher than that for the first three quarters.

The total trade volume included 6.28 billion U.S. dollars of exports, and 5.33 billion dollars of imports.

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