Beijing - Saba:
Total foreign direct investment (FDI) in China declined by 20.4 percent month-on-month during the first two months of this year, reaching 171.21 billion yuan ($23.87 billion).
The Chinese Ministry of Commerce said in an official statement that the period between January and February saw the establishment of 7,574 new foreign-invested companies across the country, a 5.8 percent increase year-on-year.
According to the data, FDI in actual use in the manufacturing and services sectors during the same period reached 47.82 billion yuan and 120.49 billion yuan, respectively.
Meanwhile, foreign direct investment (FDI) in high-tech sectors reached 52.49 billion yuan, with FDI in the e-commerce services sector, biopharmaceutical manufacturing sector, and smart consumer equipment manufacturing sector growing by 33.5 percent, 22.9 percent, and 40.7 percent, respectively, compared to the same period in 2024.
The ministry's statement indicated that investments from the UK, Germany, and South Korea jumped by 87.9 percent, 54.7 percent, and 45.2 percent, respectively, in the first two months of the year.
| more of (International) |