| BEIJING, Aug. 19 (Xinhua) — The net inflows of foreign direct investment (FDI) into the financial institutions on the Chinese mainland were 4.138 billion U.S. dollars (25.327 billion yuan) in the second quarter of this year, official data showed on Wednesday. According to the State Administration of Foreign Exchange, FDI inflows into Chinese mainland’s financial sector, including banks, insurers, and securities firms, reached 4.432 billion U.S. dollars (RMB27.127 billion) in the second quarter of the year, while FDI outflows amounted to 294 million U.S. dollars (RMB1.8 billion) in the same time period. The statistics only cover equity investments that enable an investor to own 10 percent or more of voting stocks in a company. Enditem |