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China’s FDI inflow up 14.5% in January

02-24-2023

A report from chinadaily.com.cn on Feb. 24th, 2023:

The actual use of foreign capital on the Chinese mainland hit 127.69 billion yuan ($18.61 billion) in January, up 14.5 percent year-on-year, according to the Ministry of Commerce on Monday.

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

Actual use of foreign capital in the manufacturing industry surged 40.4 percent year-on year during the period, while the growth rate for high-tech industries was 62.8 percent. Specifically, foreign investment in high-tech manufacturing surged 74.5 percent, while that in the high-tech service sector rose 59.6 percent.

Growth of the actual use of foreign capital in the eastern, central and western regions was 13.4, 25.9 and 21.6 percent respectively.

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