Foreign direct investment inflow to China up 17.4%
In the first half of this year, the volume of actually used foreign direct investment (FDI) in mainland China increased by 17.4 percent. year on year to 723.31 billion yuan, China’s Ministry of Commerce said on Friday.
In dollar terms, the indicator increased by 21.8 percent. year on year to $112.35 billion.
In January-June, there was a rapid growth of FDI in China’s high-tech industries by 33.6 percent. In particular, the inflow of FDI into high-tech production increased by 31.1 percent, and into the sector of high-tech services – by 34.4 percent.
In the first half of the year, the inflow of foreign investment in China’s service sector increased by 9.2 percent. year on year to 537.13 billion yuan.
During this period, investments from the Republic of Korea, the United States and Germany increased by 37.2 percent, 26.1 percent. and 13.9 percent, respectively.
In January-June of this year, FDI inflows to the eastern, central and western regions of China increased by 15.6 percent and 25 percent, respectively. and 43.9 per cent. in annual terms.