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Economy

China's FDI inflow up in first five months

June 16, 2023


Abstract : Foreign direct investment (FDI) in the Chinese mainland, in actual use, expanded 0.1 percent year on year in the first five months of the year, the Ministry of Commerce said Thursday.

Representatives of foreign dealers visit a production line at the TopCut-Bullmer Co., Ltd. in Linhai, east China's Zhejiang Province, May 18, 2023. (Xinhua/Weng Xinyang)

BEIJING, June 15 (Xinhua) -- Foreign direct investment (FDI) in the Chinese mainland, in actual use, expanded 0.1 percent year on year in the first five months of the year, the Ministry of Commerce said Thursday.

The FDI inflow, in actual use, stood at 574.81 billion yuan in the first five months.

In U.S. dollar terms, the inflow went down 5.6 percent year on year to 84.35 billion U.S. dollars.

In terms of sector-wise figures, FDI in manufacturing rose 5.9 percent year on year.

FDI in high-tech industries rose 7.5 percent year on year, with that in high-tech manufacturing up 30.8 percent and that in the high-tech service sector up 1.5 percent. 

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Keyword: FDI

Reading:

China to introduce more favorable policies for foreign investment: economic planner

Foreign-invested projects worth USD 17.78 bln signed at Zhejiang investment promotion event

China's FDI grows 4.9% in Jan-March

China's FDI inflow records stable growth in Q1

Foreign-funded enterprises continue expanding in China with more projects

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