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CHN | Feb 21, 2023

China’s FDI inflows up 14.5% in January

/ Our Today

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The Ministry of Commerce in China. (Photo: china.org.cn)

Foreign direct investment (FDI) into the Chinese mainland, in actual use, expanded 14.5 per cent year on year to 127.69 billion yuan in January, the Ministry of Commerce said Monday (February 20).

In US-dollar terms, the FDI inflow went up 10 per cent year on year to US$19.02 billion.

High-tech industries saw a rapid FDI increase of 62.8 per cent in January. Specifically, foreign investment in high-tech manufacturing surged 74.5 per cent, while that in the high-tech service sector rose 59.6 per cent.

FDI flowing into the country’s central region reported a year-on-year expansion of 25.9 per cent, followed by 21.6 per cent in the western region.

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