Chinese Investment in European Union
According to the “Statistical Bulletin of China’s Foreign Direct Investment”, published by Ministry of Commerce of the People’s Republic of China, National bureau of Statistics of China and State Administration of Foreign Exchange, in 2013, China’s FDI flowed to the European Union reached $4.524 billion, decreased by 2.8% compared to the previous years; accounting for 4.2% of its total FDI flows and 76% of its FDI flowed to Europe. By the end of 2013, China’s FDI stock in the European Union had reached $40.097 billion, accounting for 6.1% of the total and 75.4% of its FDI stock in Europe. By the end of 2013, China had established almost 2000 FDI enterprises in the European Union, and the enterprises had spread in 28 member countries and hired 47,000 local employees.
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