BEIJING -- China saw investment from countries relating to the Belt and Road Initiative grow by 1.3 percent to 3.1 billion U.S. Dollars in the first five months of 2016, according to data released by the Ministry of Commerce (MOC) on June 12.
Total foreign direct investment (FDI) in the Chinese mainland, which excludes investment in the financial sector, rose 3.8 percent year on year to 54.2 billion dollars in the first five months, with the growth decelerating from the 4.8 percent registered in the January-April period, the ministry said.
The service sector attracted 38.2 billion dollars of FDI in the five months, 70.4 percent of the total and 7 percent higher than the same period last year.
FDI into the manufacturing sector declined 3.2 percent during the period to 15.5 billion dollars, accounting for 28.8 percent of the total.
Among the ten major investors, FDI from the United States surged 140.2 percent year on year in the first five months while that from Britain soared 110 percent.
FDI into the Chinese mainland fell 1 percent year on year to 8.9 billion U.S. dollars in May, compared with a 6 percent increase registered in April, according to the MOC.
Table 4: China’s FDI from B&R related countries in Jan.-May
Unit: bln US dollars
Source: Ministry of Commerce
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