Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Economy

FDI into China rises 0.5 pct in January-February

March 16, 2018


Abstract : Foreign direct investment (FDI) into the Chinese mainland posted a 0.5 percent year-on-year increase in the first two months of 2018, official data showed Thursday.

北京

BEIJING, Mar. 16 (Xinhua) -- Foreign direct investment (FDI) into the Chinese mainland posted a 0.5 percent year-on-year increase in the first two months of 2018, official data showed Thursday.

FDI in January and February reached 139.4 billion yuan (about 22.1 billion U.S. dollars), the Ministry of Commerce (MOC) said in a statement.

During the period, 8,848 foreign-invested enterprises were established, up 129.2 percent year on year.

FDI to the high-tech sector continued to grow, up 27.9 percent year on year, accounting for 19.5 percent of the total.

Some 14.5 billion yuan flowed into the high-tech manufacturing industry, soaring 89.7 percent from a year earlier, with investment in medicine and medical equipment manufacturing jumping 129.6 percent and 321.8 percent, respectively.

FDI into western China registered rapid growth, up 76.3 percent, while that in central China rose 35.3 percent.

FDI from Singapore, the Republic of Korea and the United States increased 62.9 percent, 171.9 percent and 56.8 percent, respectively.

Meanwhile, investment made by countries along the Belt and Road climbed 75.7 percent year on year.

As the business environment continues to improve, China is set to attract steady foreign investment inflows by opening up and easing market access.

FDI is expected to keep steady in 2018 despite uncertainties in the world economy, the MOC have said.

In 2017, the country's FDI rose 7.9 percent year on year to reach 877.6 billion yuan.

Scan the QR code and push it to your mobile phone

Keyword: China-FDI

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial